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DIODES INC /DEL/ — Director's Dealing 2025
Feb 5, 2025
31521_dirs_2025-02-05_a1696449-4c9e-400e-8cc4-135c29c74b65.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2025-02-03
Reporting Person: Yang Emily (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-03 | Diodes Incorporated Common Stock | A | 8000 | — | Acquired | 67820 | Direct |
| 2025-02-03 | Diodes Incorporated Common Stock | F | 1763 | $56.45 | Disposed | 66057 | Direct |
| 2025-02-04 | Diodes Incorporated Common Stock | S | 950 | $56.04 | Disposed | 65107 | Direct |
| 2025-02-03 | Diodes Incorporated Common Stock - Performance Stock Units | A | 8000 | — | Acquired | 30700 | Direct |
Footnotes
F1: Restricted stock units vest in four equal installments beginning 02/01/2026.
F2: Granted under Rule 16b-3 Plan.
F3: Vested restricted stock unit shares were automatically withheld to cover income tax.
F4: Vested restricted stock unit shares were automatically sold because the participant elected to participate in the Diodes Incorporated Deferred Compensation Plan.
F5: 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.
F6: The PSUs vest in February 2028 upon the achievement of the 3-year financial performance measure of cumulative non-GAAP operating income for 2025 through 2027 of $170.415 million (Target Performance).
F7: 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%.
F8: The amount of securities beneficially owned was decreased by 7,600 shares due to the 2021 PSU Award vesting on 2/14/2024.