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Cypress (CY) CEO Rodgers Exercises Non Qualified Options for 500K Shares

April 18, 2012 5:03 PM EDT
Cypress Semi (Nasdaq: CY) CEO Thurman Rodgers acquired a multitude of Cypress common following the exercise of a Non Qualified Stock Option.

According to a Form 4 with the U.S. SEC, Rodgers gained an additional 500,000 shares for a price of $3.5289, or total gross transaction of $1.76 million. Transactions were made on April 17th, 2012.

Following the transaction, Rodgers holds 8,277,904 shares of Cypress. Rodgers holds 4,143,581 derivative securities following the transaction.

Shares of Cypress closed at $14.30 Wednesday.


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