Emily Yang - Feb 3, 2025 Form 4 Insider Report for DIODES INC /DEL/ (DIOD)

Signature
Brett R. Whitmire as Power of Attorney for Emily Yang
Stock symbol
DIOD
Transactions as of
Feb 3, 2025
Transactions value $
-$152,759
Form type
4
Date filed
2/5/2025, 05:44 PM
Previous filing
Sep 3, 2024
Next filing
Feb 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIOD Diodes Incorporated Common Stock Award $0 +8K +13.37% $0.00 67.8K Feb 3, 2025 Direct F1, F2
transaction DIOD Diodes Incorporated Common Stock Tax liability -$99.5K -1.76K -2.6% $56.45 66.1K Feb 3, 2025 Direct F3
transaction DIOD Diodes Incorporated Common Stock Sale -$53.2K -950 -1.44% $56.04 65.1K Feb 4, 2025 Direct F4
transaction DIOD Diodes Incorporated Common Stock - Performance Stock Units Award $0 +8K +35.24% $0.00 30.7K Feb 3, 2025 Direct F5, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.