Sec Form 4 Filing - YOUNG DENNIS @ SANMINA CORP - 2014-11-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
YOUNG DENNIS
2. Issuer Name and Ticker or Trading Symbol
SANMINA CORP [ SANM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP Worldwide Sales
(Last) (First) (Middle)
2700 NORTH FIRST STREET
3. Date of Earliest Transaction (MM/DD/YY)
11/20/2014
(Street)
SAN JOSE, CA95134
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/20/2014 M 3,917 A $ 11.88 101,251 D
Common Stock 11/20/2014 M 35,803 A $ 2.94 137,054 D
Common Stock 11/20/2014 S 39,720 D $ 24.7 97,334 D
Common Stock 11/20/2014 S 5,602 D $ 24.6783 ( 3 ) 91,732 D
Common Stock 11/21/2014 M 5.864 A $ 2.94 97,596 D
Common Stock 11/21/2014 M 28,333 A $ 4.45 125,929 D
Common Stock 11/21/2014 M 5,000 A $ 15.475 130,929 D
Common Stock 11/21/2014 M 30,000 A $ 8.7 160,929 D
Common Stock 11/21/2014 M 20,000 A $ 8.62 180,929 D
Common Stock 11/21/2014 M 25,000 A $ 11.23 205,929 D
Common Stock 11/21/2014 S 114,197 D $ 24.7 91,732 D
Common Stock 11/21/2014 S 43,361 D $ 24.75 48,371 D
Common Stock 11/21/2014 S 18,741 D $ 24.8813 ( 9 ) 29,630 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non Qualified Stock Option (right to buy) $ 11.88 11/20/2014 M 3,917 ( 1 ) 11/15/2017 Common Stock 3,917 $ 0 0 D
Non Qualified Stock Option (right to buy) $ 2.94 11/20/2014 M 35,803 ( 2 ) 11/17/2018 Common Stock 35,803 $ 0 5,864 D
Non Qualified Stock Option (right to buy) $ 2.94 11/21/2014 M 5,864 ( 2 ) 11/17/2018 Common Stock 5,864 $ 0 0 D
Non Qualified Stock Option (right to buy) $ 4.45 11/21/2014 M 28,333 ( 4 ) 08/17/2019 Common Stock 28,333 $ 0 0 D
Non Qualified Stock Option (right to buy) $ 15.475 11/21/2014 M 5,000 ( 5 ) 11/15/2023 Common Stock 5,000 $ 0 15,000 D
Non Qualified Stock Option (right to buy) $ 8.7 11/21/2014 M 30,000 ( 6 ) 11/15/2021 Common Stock 30,000 $ 0 10,000 D
Non Qualified Stock Option (right to buy) $ 8.62 11/21/2014 M 20,000 ( 7 ) 11/15/2022 Common Stock 20,000 $ 0 20,000 D
Non Qualified Stock Option (right to buy) $ 11.23 11/21/2014 M 25,000 ( 8 ) 11/15/2020 Common Stock 25,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
YOUNG DENNIS
2700 NORTH FIRST STREET
SAN JOSE, CA95134
Exec VP Worldwide Sales
Signatures
/s/ Christopher K. Sadeghian, Attorney-in-Fact 11/24/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )THE OPTIONS VESTS IN A 3 YEAR VESTING SCHEDULE, 1/3RD VESTED ON NOVEMBER 15, 2008, AND 1/3RD OF THE REMAINING OPTION TO VEST EACH YEAR THEREAFTER.
( 2 )THE OPTIONS VESTS IN A 3 YEAR VESTING SCHEDULE, 1/3RD VESTED ON NOVEMBER 17, 2009, AND 1/3RD OF THE REMAINING OPTION TO VEST EACH YEAR THEREAFTER.
( 3 )THE SALE PRICE REPORTED IN COLUMN 4 OF TABLE 1 REPRESENTS THE WEIGHTED AVERAGE SALE PRICE OF SHARES SOLD RANGING FROM $24.65 TO $24.70 PER SHARE. UPON REQUEST BY THE COMMISSION STAFF, THE ISSUER, OR SECURITY HOLDER OF THE ISSUER, THE REPORTING PERSON WILL PROVIDE FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE.
( 4 )THE OPTION VESTS IN A 4 YEAR VESTING SCHEDULE, 25% VESTED ON AUGUST 17, 2010, AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.
( 5 )THE OPTION VESTS IN A 4 YEAR VESTING SCHEDULE, 25% VESTED ON NOVEMBER 15, 2014, AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.
( 6 )THE OPTION VESTS IN A 4 YEAR VESTING SCHEDULE, 25% VESTED ON NOVEMBER 15, 2012, AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.
( 7 )THE OPTION VESTS IN A 4 YEAR VESTING SCHEDULE, 25% VESTED ON NOVEMBER 15, 2013, AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.
( 8 )THE OPTION VESTS IN A 4 YEAR VESTING SCHEDULE, 25% VESTED ON NOVEMBER 15, 2011, AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.
( 9 )THE SALE PRICE REPORTED IN COLUMN 4 OF TABLE 1 REPRESENTS THE WEIGHTED AVERAGE SALE PRICE OF SHARES SOLD RANGING FROM $24.65 TO $25.08 PER SHARE. UPON REQUEST BY THE COMMISSION STAFF, THE ISSUER, OR SECURITY HOLDER OF THE ISSUER, THE REPORTING PERSON WILL PROVIDE FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE.

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