UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (Right to Buy) | Â (1) | 02/21/2015 | Class A Common Stock | 75,000 | $ (2) | D | Â |
Restricted Stock Units | Â (3) | Â (4) | Class A Common Stock | 30,000 | $ (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Manocha Ajit C/O SPANSION INC., 915 DEGUIGNE DRIVE SUNNYVALE, CA 94088-3453 |
 |  |  EVP, Worldwide Operations |  |
/s/ Ajit Manocha | 11/19/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Options were granted to the reporting person on February 21, 2008 and vest over a four-year period according to the following schedule: One-fourth of the shares subject to the option shall vest on February 21, 2009, and the remaining shares shall subject to the option shall vest in equal installments quarterly over the next three years, until 100% vested on February 21, 2012. |
(2) | The exercise price for the Non-Qualified Option is $2.98 per share. |
(3) | The restricted stock units were granted to the reporting person on February 21, 2008 and vest over a four-year period. One quarter of the shares subject to the award vests on February 21, 2009. The remaining shares subject to the award vest in equal installments quarterly, until 100% vested on February 21, 2012. Vested shares are delivered to the reporting person on each vesting date. |
(4) | Each restricted stock unit represents a contingent right to receive one share of Spansion Inc. Class A Common Stock. There is no exercise price or expiration date. |