0001628280-15-002985.txt : 20150428 0001628280-15-002985.hdr.sgml : 20150428 20150428165505 ACCESSION NUMBER: 0001628280-15-002985 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150425 FILED AS OF DATE: 20150428 DATE AS OF CHANGE: 20150428 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SunEdison Semiconductor Ltd CENTRAL INDEX KEY: 0001585854 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 463556980 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 501 PEARL DRIVE CITY: ST. PETERS STATE: MO ZIP: 63376 BUSINESS PHONE: (636) 474-5000 MAIL ADDRESS: STREET 1: 501 PEARL DRIVE CITY: ST. PETERS STATE: MO ZIP: 63376 FORMER COMPANY: FORMER CONFORMED NAME: SunEdison Semiconductor Pte. Ltd. DATE OF NAME CHANGE: 20140210 FORMER COMPANY: FORMER CONFORMED NAME: SUNEDISON SEMICONDUCTOR, INC. DATE OF NAME CHANGE: 20131216 FORMER COMPANY: FORMER CONFORMED NAME: SUNEDISON SEMICONDUCTOR, LLC DATE OF NAME CHANGE: 20131211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kauffmann John Anthony CENTRAL INDEX KEY: 0001306646 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36460 FILM NUMBER: 15799285 MAIL ADDRESS: STREET 1: C/O MEMC ELECTRONIC MATERIALS, INC. STREET 2: P. O. BOX 8 CITY: SAINT PETERS STATE: MO ZIP: 63366 4 1 wf-form4_143025449551196.xml FORM 4 X0306 4 2015-04-25 0 0001585854 SunEdison Semiconductor Ltd SEMI 0001306646 Kauffmann John Anthony C/O SUNEDISON SEMICONDUCTOR LIMITED 501 PEARL DRIVE ST. PETERS MO 63376 0 1 0 0 VP-Global Sales Ordinary Shares 2015-04-25 4 M 0 327 23.02 A 327 D Ordinary Shares 2015-04-25 4 F 0 106 23.02 D 221 D Ordinary Shares 2015-04-27 4 M 0 131 22.50 A 352 D Ordinary Shares 2015-04-27 4 F 0 48 22.50 D 304 D Restricted Stock Units 2015-04-25 4 M 0 327 0 D Ordinary Shares 327.0 327 D Restricted Stock Units 2015-04-27 4 M 0 131 0 D Ordinary Shares 131.0 131 D Represents ordinary shares underlying vested restricted stock units that are being withheld to satisfy the tax liability that arose upon vesting of the restricted stock units. Each restricted stock unit represents a contingent right to receive one ordinary share of the Company. This transaction represents the settlement of vested restricted stock units in ordinary shares. The remaining restricted stock units vest in full on April 25, 2016. The restricted stock unit was issued in connection with a share exchange program adopted by the board of directors of SunEdison Semiconductor Limited (the "Company"). Pursuant to the share exchange program, each employee of the Company who had received restricted stock units of SunEdison, Inc., the Company's former parent company ("SunEdison"), was eligible to receive an exchange grant of restricted share units of the Company, which exchange grant generally preserved the value of the original awards. The exchange was affected when SunEdison ceased to own 50% of the Company on January 20, 2015, at which time the Company's employees would have other otherwise been deemed to have a termination of employment from SunEdison under its various equity incentive plans and all of their invested SunEdison restricted stock units would have been forfeited without compensation in accordance with the terms of the plans. Sally H. Townsley, under Power of Attorney 2015-04-28