0001209191-24-002686.txt : 20240202 0001209191-24-002686.hdr.sgml : 20240202 20240202172212 ACCESSION NUMBER: 0001209191-24-002686 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240201 FILED AS OF DATE: 20240202 DATE AS OF CHANGE: 20240202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LU KEH SHEW CENTRAL INDEX KEY: 0001196531 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 24592841 MAIL ADDRESS: STREET 1: C/O DIODES INC STREET 2: 3050 E HILLCREST DR CITY: WESTLAKE STATE: CA ZIP: 91362 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 doc4.xml FORM 4 SUBMISSION X0508 4 2024-02-01 0 0000029002 DIODES INC /DEL/ DIOD 0001196531 LU KEH SHEW 4949 HEDGCOXE ROAD SUITE 200 PLANO TX 75024 1 1 0 0 CEO 0 Diodes Incorporated Common Stock 2024-02-01 4 A 0 25000 0.00 A 141604 D Diodes Incorporated Common Stock 2024-02-01 4 F 0 7336 67.69 D 134268 D Diodes Incorporated Common Stock - Performance Stock Units 2024-02-01 4 A 0 25000 0.00 A 131000 D Diodes Incorporated Common Stock 46150 I Custodial Diodes Incorporated Common Stock 285801 I Lu Grandchildren's Trust Diodes Incorporated Common Stock 6000 I The Lu Family Foundation Diodes Incorporated Common Stock 4700 I The Lu 2017 Irrevocable Trust Diodes Incorporated Common Stock 283492 I Texastac Investments, LP Restricted stock units vest in four equal installments beginning 02/01/2025. Granted under Rule 16b-3 Plan. Vested restricted stock unit shares were automatically withheld to cover income tax. 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 2027 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2024 through 2026 of $630 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%. These shares are held in accounts for the reporting persons minor grandchildren and the reporting person is the custodian of those accounts. The reporting person disclaims ownership of the shares held in those custodial accounts, and this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes. Brett R. Whitmire as Power of Attorney for Keh-Shew Lu 2024-02-02