0001209191-18-013151.txt : 20180223 0001209191-18-013151.hdr.sgml : 20180223 20180223191453 ACCESSION NUMBER: 0001209191-18-013151 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180214 FILED AS OF DATE: 20180223 DATE AS OF CHANGE: 20180223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: White Richard Dallas CENTRAL INDEX KEY: 0001368889 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 18638197 MAIL ADDRESS: STREET 1: 3050 E. HILLCREST DRIVE CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DIODES INC /DEL/ CENTRAL INDEX KEY: 0000029002 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] 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 X0306 4 2018-02-14 0 0000029002 DIODES INC /DEL/ DIOD 0001368889 White Richard Dallas 4949 HEDGCOXE ROAD SUITE 200 PLANO TX 75024 0 1 0 0 CFO & Secretary Diodes Incorporated Common Stock 2018-02-14 4 A 0 20000 0.00 A 113869 D Diodes Incorporated Common Stock 2018-02-21 4 F 0 1199 29.21 D 112670 D Diodes Incorporated Common Stock - Performance Stock Units 2018-02-14 4 A 0 20000 0.00 A 39861 D Restricted stock units vest in four equal installments beginning 02/14/2019. 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 2013 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock. The PSUs vest in February 2021 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2018 through 2020 of $360.8 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%. Richard D. White 2018-02-23