TSMC (NYSE: TSM) SVP adds ESPP and LTI trust share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taiwan Semiconductor Manufacturing Co. senior executive Kevin Xiaoqiang Zhang reported a small share purchase through an employee plan. On July 7, a trust under the company’s Employee Stock Purchase Plan bought 61 Common Shares (2330.TW) for him at $76.62 per share, based on a New Taiwan dollar price translated at NT$32.143 to US$1.
After this and other reported holdings, Zhang is shown with 329,663 Common Shares held directly, 20,190 Common Shares held via a Long-Term Incentive trust over which he has investment control, 7,223 Common Shares held under the ESPP trust, and 2,500 American Depositary Shares held directly. Each ADS represents five Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 61 shares ($4,674)
Net Buy
4 txns
Insider
Zhang Kevin Xiaoqiang
Role
SVP and Deputy Co-COO
Bought
61 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) | 61 | $76.62 | $5K |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | American Depositary Shares (TSM) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 7,223 shares (Indirect, By ESPP Trust);
Common Shares (2330.TW) — 329,663 shares (Direct, null);
American Depositary Shares (TSM) — 2,500 shares (Direct, null)
Footnotes (1)
- Each American Depositary Share represents five (5) Common Shares. Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer pursuant to terms predetermined by the issuer. The price was translated from the average purchase price of NT$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 to US$1. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP"). Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan, over which the filer has obtained investment control.
Key Figures
ESPP purchase size: 61 shares
ESPP purchase price: $76.62 per share
Direct Common Shares: 329,663 shares
+5 more
8 metrics
ESPP purchase size
61 shares
Common Shares (2330.TW) bought on July 7 via ESPP trust
ESPP purchase price
$76.62 per share
Translated from NT$2,462.6361 at NT$32.143 to US$1
Direct Common Shares
329,663 shares
Common Shares (2330.TW) held directly after transactions
LTI trust Common Shares
20,190 shares
Common Shares held by LTI Bonus Plan trust with investment control
ESPP trust Common Shares
7,223 shares
Common Shares purchased and held under ESPP trust
ADS holdings
2,500 ADS
American Depositary Shares (TSM) held directly
ADS to Common ratio
1 ADS = 5 Common Shares
Each American Depositary Share represents five Common Shares
NTD purchase price
NT$2,462.6361
Average ESPP purchase price per share in New Taiwan dollars
Key Terms
Employee Stock Purchase Plan ("ESPP"), Long-Term Incentive ("LTI") Bonus Plan, American Depositary Share, ESPP Trust, +1 more
5 terms
Employee Stock Purchase Plan ("ESPP") financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer"
Long-Term Incentive ("LTI") Bonus Plan financial
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
ESPP Trust financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
LTI Trust financial
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
FAQ
What did TSM (TSM) executive Kevin Zhang report in this Form 4 filing?
Kevin Zhang reported a small purchase of 61 TSM Common Shares via the Employee Stock Purchase Plan. The shares were acquired by the ESPP administrator on his behalf, supplementing his existing direct and trust-held ownership positions in Taiwan Semiconductor Manufacturing.
How are Kevin Zhang’s indirect TSM holdings structured in trusts?
Indirect holdings include 7,223 Common Shares purchased and held under the company’s Employee Stock Purchase Plan trust, and 20,190 Common Shares held by a trust funded via the Long-Term Incentive Bonus Plan, over which he has obtained investment control according to the disclosed footnotes.