0001209191-20-024797.txt : 20200417 0001209191-20-024797.hdr.sgml : 20200417 20200417162018 ACCESSION NUMBER: 0001209191-20-024797 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200416 FILED AS OF DATE: 20200417 DATE AS OF CHANGE: 20200417 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Thad Trent CENTRAL INDEX KEY: 0001607990 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10079 FILM NUMBER: 20799965 BUSINESS ADDRESS: STREET 1: 198 CHAMPION COURT CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 408-232-4557 MAIL ADDRESS: STREET 1: 198 CHAMPION COURT CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CYPRESS SEMICONDUCTOR CORP /DE/ CENTRAL INDEX KEY: 0000791915 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 942885898 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 BUSINESS ADDRESS: STREET 1: 198 CHAMPION COURT CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089432600 MAIL ADDRESS: STREET 1: 198 CHAMPION COURT CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-04-16 1 0000791915 CYPRESS SEMICONDUCTOR CORP /DE/ CY 0001607990 Thad Trent 198 CHAMPION COURT SAN JOSE CA 95134 0 1 0 0 EVP, Finance & CFO Common Stock 2020-04-16 4 D 0 350555 23.85 D 0 D Restricted Stock Units 2020-04-16 4 D 0 16737 23.85 D Common Stock 16737 0 D Restricted Stock Units 2020-04-16 4 D 0 40630 23.85 D Common Stock 40630 0 D Restricted Stock Units 2020-04-16 4 D 0 86617 23.85 D Common Stock 86617 0 D On April 16, 2020 (the "Effective Time"), pursuant to the Agreement and Plan of Merger, dated as of June 3, 2019 (the "Merger Agreement"), by and among Cypress Semiconductor Corporation (the "Issuer"), Infineon Technologies AG ("Infineon") and IFX Merger Sub Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer as the surviving entity and a wholly owned subsidiary of Infineon. Pursuant to the Merger Agreement, each outstanding share of the Issuer's common stock ("Common Stock") was converted into the right to receive $23.85 per share in cash (the "Per Share Merger Consideration"), without interest. Restricted stock units convert into common stock on a one-for-one basis upon settlement. On February 16, 2018, the Reporting Person was granted 50,210 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. Pursuant to the Merger Agreement, immediately prior to the Effective Time, each outstanding restricted stock unit award, whether vested or unvested, was cancelled and converted into the right to receive a cash payment equal to the product of (i) the number of restricted stock units subject to such award immediately prior to the Effective Time multiplied by (ii) the Per Share Merger Consideration. Such payment is to be made at the times and subject to any vesting and acceleration conditions set forth in the Merger Agreement. On February 15, 2019, the Reporting Person was granted 70,425 restricted stock units, with approximately 42% of the units vesting on the first anniversary of the grant date and the remainder of the units vesting in equal installments on the second and third anniversaries of the grant date. On March 1, 2020, the Reporting Person was granted 86,617 restricted stock units that vest in three equal annual installments beginning on February 14, 2021. /s/ Pamela L. Tondreau, attorney-in-fact 2020-04-17