0001209191-19-013173.txt : 20190225 0001209191-19-013173.hdr.sgml : 20190225 20190225181649 ACCESSION NUMBER: 0001209191-19-013173 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190221 FILED AS OF DATE: 20190225 DATE AS OF CHANGE: 20190225 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Holland Julie CENTRAL INDEX KEY: 0001436690 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 19630921 MAIL ADDRESS: STREET 1: 15660 DALLAS PARKWAY STREET 2: SUITE 850 CITY: DALLAS STATE: TX ZIP: 75248 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 2019-02-21 0 0000029002 DIODES INC /DEL/ DIOD 0001436690 Holland Julie 4949 HEDGCOXE ROAD SUITE 200 PLANO TX 75024 0 1 0 0 VP Corporate Operations Diodes Incorporated Common Stock 2019-02-21 4 A 0 17000 0.00 A 73949 D Diodes Incorporated Common Stock - Performance Stock Units 2019-02-21 4 A 0 17000 0.00 A 41316 D Diodes Incorporated Common Stock 2019-02-22 4 S 0 2829 40.89 D 71120 D Restricted stock units vest in four equal installments beginning 02/21/2020. Granted under Rule 16b-3 Plan. 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 2022 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2019 through 2021 of $568.7 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%. A portion of the vested restricted stock unit shares was automatically sold to cover income tax. Richard D. White as Power of Attorney for Julie Holland 2019-02-25