0001209191-23-007077.txt : 20230203
0001209191-23-007077.hdr.sgml : 20230203
20230203172205
ACCESSION NUMBER: 0001209191-23-007077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230201
FILED AS OF DATE: 20230203
DATE AS OF CHANGE: 20230203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LU KEH SHEW
CENTRAL INDEX KEY: 0001196531
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 002-25577
FILM NUMBER: 23587414
MAIL ADDRESS:
STREET 1: C/O DIODES INC
STREET 2: 3050 E HILLCREST DR
CITY: WESTLAKE
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
2023-02-01
0
0000029002
DIODES INC /DEL/
DIOD
0001196531
LU KEH SHEW
4949 HEDGCOXE ROAD
SUITE 200
PLANO
TX
75024
1
1
0
0
President & CEO
Diodes Incorporated Common Stock
2023-02-01
4
A
0
42000
0.00
A
108188
D
Diodes Incorporated Common Stock
2023-02-01
4
F
0
3148
93.35
D
105040
D
Diodes Incorporated Common Stock - Performance Stock Units
2023-02-01
4
A
0
42000
0.00
A
284584
D
Diodes Incorporated Common Stock
2023-02-01
4
S
0
16000
92.50
D
138988
I
Texastac Investments, LP
Diodes Incorporated Common Stock
2023-02-02
4
S
0
9000
95.00
D
129988
I
Texastac Investments, LP
Diodes Incorporated Common Stock
46150
I
Custodial
Diodes Incorporated Common Stock
285801
I
Lu Grandchildren's Trust
Diodes Incorporated Common Stock
51183
I
The Lu Family Foundation
Diodes Incorporated Common Stock
4700
I
The Lu 2017 Irrevocable Trust
Restricted stock units vest in four equal installments beginning 02/01/2024.
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 2022 Equity Incentive Plan, a Rule 16b-3 Plan, to receive 1 share of Diodes Incorporated Common Stock.
The PSUs vest in February 2026 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2023 through 2025 of $1,184.4 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%.
Sold under a 10b5-1 plan.
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.
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.
Brett R. Whitmire as Power of Attorney for Keh-Shew Lu
2023-02-03