0001209191-24-002688.txt : 20240202
0001209191-24-002688.hdr.sgml : 20240202
20240202172331
ACCESSION NUMBER: 0001209191-24-002688
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: Tsong Andy
CENTRAL INDEX KEY: 0001966189
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 002-25577
FILM NUMBER: 24592855
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
doc4.xml
FORM 4 SUBMISSION
X0508
4
2024-02-01
0
0000029002
DIODES INC /DEL/
DIOD
0001966189
Tsong Andy
4949 HEDGCOXE ROAD
PLANO
TX
75024
0
1
0
0
President, Diodes Asia
0
Diodes Incorporated Common Stock
2024-02-01
4
A
0
6100
0.00
A
36675
D
Diodes Incorporated Common Stock
2024-02-01
4
F
0
646
67.69
D
36029
D
Diodes Incorporated Common Stock - Performance Stock Units
2024-02-01
4
A
0
6100
0.00
A
15100
D
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%.
Brett R. Whitmire as Power of Attorney for Andy Kuo-Ting Tsong
2024-02-02