Initial Statement of Beneficial Ownership (3)
March 05 2020 - 4:06PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Park Shin Young |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/28/2020
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3. Issuer Name and Ticker or Trading Symbol
MAGNACHIP SEMICONDUCTOR Corp [MX]
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(Last)
(First)
(Middle)
60 SOUTH MARKET STREET,, SUITE 750 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) See Remarks / |
(Street)
SAN JOSE, CA 95113
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 11874 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 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) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (Right to Buy) | (1) | 8/11/2025 | Common Stock | 1000 | $8.45 | D | |
Stock Option (Right to Buy) | (2) | 3/11/2026 | Common Stock | 1500 | $5.53 | D | |
Explanation of Responses: |
(1) | The stock option was originally granted to purchase 2,000 shares of common stock. The stock option vested and became exercisable: as to 667shares on 8/11/2016; as to an additional 667shares on 8/11/2017; and as to an additional 666 shares on 8/11/2018. On 5/25/2018, 1,000 shares were exercised and sold. The option to purchase the remaining 1,000 shares is outstanding and fully exercisable. |
(2) | The stock option is fully vested and became exercisable: as to 500 shares on 3/11/2017; as to an additional 500 shares on 3/11/2018; and as to an additional 500 shares on 3/11/2019. |
Remarks: Exhibit 24 - Power of Attorney
Chief Accounting Officer and Principal Accounting Officer |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Park Shin Young 60 SOUTH MARKET STREET, SUITE 750 SAN JOSE, CA 95113 |
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| See Remarks |
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Signatures
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/s/ Theodore Kim, Attorney-in-Fact | | 3/5/2020 |
**Signature of Reporting Person | Date |
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