AI assistant
SANMINA CORP — Director's Dealing 2011
Nov 15, 2011
30913_dirs_2011-11-15_e6c83cf9-e50c-47f2-8195-2aaff2cf9d25.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SANMINA-SCI CORP (SANM)
CIK: 0000897723
Period of Report: 2011-11-15
Reporting Person: SOLA JURE (Director, Chairman and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-15 | Non-qualified stock option (right to buy) | $8.70 | A | 100000 | Acquired | 2021-11-15 | Common Stock (100000) | Direct |
| 2011-11-15 | Performance Rights | $ | A | 150000 | Acquired | 2014-11-15 | Common Stock (150000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 625288 | Indirect |
| Common Stock | 200000 | Direct |
Footnotes
F1: The option vests in 4 year vesting schedule, 25% on November 15, 2012 and 1/36th of the remaining option to vest each month thereafter.
F2: Each performance right represents a contingent right to receive one share of Sanmina-SCI common stock.
F3: The performance rights vest as to 1/3 of the shares subject thereto if, the Company's closing stock price equals or exceeds $11.00 per share upon the first anniversary of the date of grant (the "Threshold Condition"). Should the Threshold Condition be met, the remaining shares shall vest on 11/15/2014.