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VISHAY INTERTECHNOLOGY INC — Director's Dealing 2017
Feb 24, 2017
31670_dirs_2017-02-24_dcc7f658-9e2b-4b8a-a110-5dfc1d579c6c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISHAY INTERTECHNOLOGY INC (VSH)
CIK: 0000103730
Period of Report: 2017-02-23
Reporting Person: PAUL GERALD (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | Common Stock | A | 24622 | — | Acquired | 312986 | Direct |
| 2017-02-23 | Common Stock | S | 50000 | $16.28 | Disposed | 262986 | Direct |
Footnotes
F1: Represents the number of restricted stock units granted to the Reporting Person on February 23, 2017 as part of the Registrant's 2007 Stock Incentive Program. The restricted stock units vest upon the completion of the three-year period ending January 1, 2020 provided that the Reporting Person is an employee on such date. In the event that the services of the Reporting Person cease prior to the expiration of such three-year period, the restricted stock units will vest in accordance with the terms of the Reporting Person's RSU agreement. Each restricted stock unit represents a right to receive one share of the registrant's common stock.
F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.25 to $16.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of each separate price within the ranges set forth in this footnote to the Form 4.