0001209191-17-014030.txt : 20170223 0001209191-17-014030.hdr.sgml : 20170223 20170223185546 ACCESSION NUMBER: 0001209191-17-014030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170217 FILED AS OF DATE: 20170223 DATE AS OF CHANGE: 20170223 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIODES INC /DEL/ CENTRAL INDEX KEY: 0000029002 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KING MARK A CENTRAL INDEX KEY: 0001196530 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 17634224 MAIL ADDRESS: STREET 1: C/O DIODES INC STREET 2: 3050 E HILLCREST DR CITY: WESTLAKE STATE: CA ZIP: 91362 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-02-17 0 0000029002 DIODES INC /DEL/ DIOD 0001196530 KING MARK A 4949 HEDGCOXE ROAD SUITE 200 PLANO TX 75024 0 1 0 0 SVP Sales & Marketing Diodes Incorporated Common Stock 2017-02-17 4 M 0 42000 15.05 A 110770 D Diodes Incorporated Common Stock 2017-02-17 4 S 0 42000 25.6527 D 68770 D Diodes Incorporated Common Stock 2017-02-21 4 A 0 20332 0.00 A 89102 D Diodes Incorporated Common Stock - Performance Stock Units 2017-02-21 4 A 0 20332 0.00 A 20332 D Diodes Incorporated Common Stock 2017-02-23 4 M 0 3000 15.05 A 92102 D 05/28/09 DIOD NQSO 15.05 2017-02-17 4 M 0 42000 0.00 D 2010-05-28 2019-05-28 Diodes Incorporated Common Stock - Diodes 42000 3000 D 05/28/09 DIOD NQSO 15.05 2017-02-23 4 M 0 3000 0.00 D 2010-05-28 2019-05-28 Diodes Incorporated Common Stock - Diodes 3000 0 D The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.51 to $25.76, inclusive. The reporting person undertakes to provide to Diodes Incorporated, any security holder of Diodes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. Restricted stock units vest in four equal installments beginning 02/21/2018. Granted under Rule 16b-3 Plan. Each PSU represents a contingent right granted under the companys 2013 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock. The PSUs vest in February 2020 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2017 through 2019 of $204.6 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%. Non-qualified stock options exercisable in four equal annual installments beginning 05/28/2010. Richard D. White as Power of Attorney for Mark King 2017-02-23