Sanmina (SANM) Form 3 SANMINA / DENNIS YOUNG ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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^*

YOUNG DENNIS

(Last) (First) (Middle)

2700 NORTH FIRST STREET

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2016

3. Issuer Name and Ticker or Trading Symbol
SANMINA CORP [ SANM ]

4. 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

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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	29,657	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: 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
Non Qualified Stock Option (Right to Buy)	(1)	11/15/2021	Common Stock	10,000	8.7	D
Non Qualified Stock Option (Right to Buy)	(2)	11/15/2022	Common Stock	20,000	8.62	D
Non Qualified Stock Option (Right to Buy)	(3)	11/15/2023	Common Stock	15,000	15.475	D
Non Qualified Stock Option (Right to Buy)	(4)	11/17/2024	Common Stock	10,000	24.65	D
Performance Rights	(6)	03/01/2017	Common Stock	12,500	(5)	D
Performance Rights	(6)	12/31/2016	Common Stock	10,000	(5)	D
Performance Rights	(6)	11/17/2017	Common Stock	5,000	(5)	D
Performance Rights	(6)	12/31/2018	Common Stock	20,000	(5)	D

Explanation of Responses:

1. THE OPTION VESTS OVER 4 YEARS, 25% ON NOVEMBER 15, 2012 AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.

2. THE OPTION VESTS OVER 4 YEARS, 25% ON NOVEMBER 15, 2013 AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.

3. THE OPTION VESTS OVER 4 YEARS, 25% ON NOVEMBER 15, 2014 AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.

4. THE OPTION VESTS OVER 4 YEARS, 25% ON NOVEMBER 17, 2015 AND 1/36TH OF THE REMAINING OPTION TO VEST EACH MONTH THEREAFTER.

5. EACH PERFORMANCE RIGHT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF SANMINA CORPORATION COMMON STOCK.

6. PERFORMANCE RIGHTS SHALL VEST IF CERTAIN COMPANY FINANCIAL PERFORMANCE METRICS ARE ACHIEVED WITHIN A SPECIFIED PERIOD OF TIME.

	/s/ Christopher K. Sadeghian, Attorney-in-Fact	09/22/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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