Form 4 for DIOD DIODES INC /DEL/
Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-01 · accession 0001209191-23-007077 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-03 | 2023-02-01 | DIOD | LU KEH SHEW | Pres, CEO, Dir | A - Grant | $0.00 | +84.0K | 284.6K | +42% | $0 |
| MI | 2023-02-03 | 2023-02-01+ | DIOD | LU KEH SHEW | Pres, CEO, Dir | S - Sale | $93.40 | -25.0K | 130.0K | -16% | -$2.33M |
| 2023-02-03 | 2023-02-01 | DIOD | LU KEH SHEW | Pres, CEO, Dir | F - Tax | $93.35 | -3,148 | 105.0K | -3% | -$293.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Diodes Incorporated Common Stock | 2023-02-01 | A | A | 42,000 | $0.00 | 108,188 | D Texastac Investments, LP | — | — | (F1) Restricted stock units vest in four equal installments beginning 02/01/2024. (F2) Granted under Rule 16b-3 Plan. |
| 2 | Common | Diodes Incorporated Common Stock | 2023-02-01 | S | D | 16,000 | $92.50 | 138,988 | I | — | — | (F8) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.00 to $94.00, 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 (8) to this Form 4. |
| 3 | Common | Diodes Incorporated Common Stock | 2023-02-02 | S | D | 9,000 | $95.00 | 129,988 | I | — | — | (F9) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.20 to $95.80, 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 (9) to this Form 4. |
| 4 | Common | Diodes Incorporated Common Stock | 2023-02-01 | F | D | 3,148 | $93.35 | 105,040 | D Texastac Investments, LP | — | — | |
| 5 | Common | Diodes Incorporated Common Stock - Performance Stock Units | 2023-02-01 | A | A | 42,000 | $0.00 | 284,584 | D | — | — | (F4) 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. (F6) 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%. |