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SANMINA CORP — Director's Dealing 2009
Oct 19, 2009
30913_dirs_2009-10-19_da73a135-1b6c-480c-a03d-17469e3ebade.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SANMINA-SCI CORP (SANM)
CIK: 0000897723
Period of Report: 2009-10-15
Reporting Person: EULAU ROBERT K (Executive VP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-10-15 | Common Stock | A | 50000 | $8.92 | Acquired | 50000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-10-15 | Non-qualified stock option (right to buy) | $8.92 | A | 175000 | Acquired | 2019-10-15 | Common Stock (175000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Sanmina-SCI common stock.
F2: The restricted stock unit shall vest in full on October 15, 2012, provided, however: (1) if at any time during the first two years after the grant date, the 14-trading day average closing price of the Company's common stock equals or exceeds $20.00 per share, then an aggregate of 25,000 RSU's shall vest on the second anniversary of the grant date; and (2) if at any time during the first two years after the grant date, the 14-trading day average closing price of the Company's common stock equals or exceeds $30.00 per share, then an aggregate of an additional 25,000 RSU's shall vest on the second anniversary of the grant date.
F3: The option vests in 4 year vesting schedule, 25% on October 15, 2010 and 1/36th of the remaining option to vest each month thereafter.