DIODES INC /DEL/ — Director's Dealing 2021

Feb 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2021-02-08

Reporting Person: Yang Emily (SVP Worldwide Sales/Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-08	Diodes Incorporated Common Stock	A	7600	$0.00	Acquired	43341	Direct
2021-02-08	Diodes Incorporated Common Stock - Performance Stock Units	A	7600	$0.00	Acquired	42300	Direct

Footnotes

F1: Restricted stock units vest in four equal installments beginning 02/24/2022.

F2: Granted under Rule 16b-3 Plan.

F3: 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.

F4: The PSUs vest in February 2024 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2021 through 2023 of $535.9 million (Target Performance).

F5: 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 60% achievement of the Target Performance and a maximum that provides for payment of 200% of the Target Award upon 140% achievement of the Target Performances. Between 60% and 100% and between 100% and 140% achievement of Target Performance, the Target Award will be decreased or increased on a pro rata basis, with no payout below 60% achievement and payout limited to 200% of the Target Award if the Target Performance exceeds 140%.