0000950170-25-014715.txt : 20250205 0000950170-25-014715.hdr.sgml : 20250205 20250205173840 ACCESSION NUMBER: 0000950170-25-014715 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250203 FILED AS OF DATE: 20250205 DATE AS OF CHANGE: 20250205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yu Gary CENTRAL INDEX KEY: 0001848176 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 25594679 MAIL ADDRESS: STREET 1: 4949 HEDGCOXE ROAD STREET 2: SUITE 200 CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIODES INC /DEL/ CENTRAL INDEX KEY: 0000029002 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 952039518 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4949 HEDGCOXE ROAD STREET 2: SUITE 200 CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 972-987-3900 MAIL ADDRESS: STREET 1: 4949 HEDGCOXE ROAD STREET 2: SUITE 200 CITY: PLANO STATE: TX ZIP: 75024 4 1 ownership.xml 4 X0508 4 2025-02-03 0000029002 DIODES INC /DEL/ DIOD 0001848176 Yu Gary 4949 HEDGCOXE ROAD SUITE 200 PLANO TX 75024 true true false false President false Diodes Incorporated Common Stock 2025-02-03 4 A false 22000 0 A 84585 D Diodes Incorporated Common Stock 2025-02-03 4 F false 1988 56.45 D 82597 D Diodes Incorporated Common Stock 2025-02-04 4 S false 2900 56.04 D 79697 D Diodes Incorporated Common Stock - Performance Stock Units 2025-02-03 4 A false 22000 0 A 65500 D Restricted stock units vest in four equal installments beginning 02/01/2026. Granted under Rule 16b-3 Plan. Vested restricted stock unit shares were automatically withheld to cover income tax. Vested restricted stock unit shares were automatically sold because the participant elected to participate in the Diodes Incorporated Deferred Compensation Plan. Each PSU represents a contingent right granted under the companys 2022 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock. The PSUs vest in February 2028 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2025 through 2027 of $170.415 million (Target Performance). This number represents the target number of PSUs (Target Award) that will vest if the Target Performance is achieved. There is a threshold that provides for payment of 50% of the Target Award upon 80% achievement of the Target Performance and a maximum that provides for payment of 200% of the Target Award upon 120% achievement of the Target Performances. Between 80% and 100% and between 100% and 120% achievement of Target Performance, the Target Award will be decreased or increased on a pro rata basis, with no payout below 80% achievement and payout limited to 200% of the Target Award if the Target Performance exceeds 120%. The amount of securities beneficially owned was decreased by 8,500 shares due to the 2021 PSU Award vesting on 2/14/2024. Brett R. Whitmire as Power of Attorney for Gary Yu 2025-02-05