Renesas Electronics America Inc. - 29 Sep 2025 Form 3 Insider Report for WOLFSPEED, INC. (WOLF)

Role
10%+ Owner
Signature
Renesas Electronics America Inc., By: /s/ Takahiro Homma Title: Authorized Signatory
Issuer symbol
WOLF
Transactions as of
29 Sep 2025
Net transactions value
$0
Form type
3
Filing time
06 Oct 2025, 20:11:38 UTC

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Renesas Electronics America Inc. 10%+ Owner 6024 SILVER CREEK VALLEY ROAD, SAN JOSE, Renesas Electronics America Inc., By: /s/ Takahiro Homma Title: Authorized Signatory 06 Oct 2025 0000703361
Renesas Electronics Corp 10%+ Owner C/O RENESAS ELECTRONICS AMERICA INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE, Renesas Electronics Corporation, By: /s/ Takahiro Homma Title: General Counsel 06 Oct 2025 0001774474

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WOLF Common Stock 16,852,372 29 Sep 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WOLF Convertible Second Lien Senior Secured Notes due 2031 29 Sep 2025 Common Stock 11,096,247 Direct F2, F3
holding WOLF Warrant 29 Sep 2025 Common Stock 4,943,555 $23.95 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Joint Prepackaged Chapter 11 Plan of Reorganization, the Issuer holds the reported shares of Common Stock in reserve for Renesas Electronics America Inc. ("REA"). Until certain regulatory approvals are received, REA may direct the Issuer to make sales of the reported shares of Common Stock and to remit the cash proceeds from such sales to REA.
F2 The reported securities were received pursuant to the Issuer's Joint Prepackaged Chapter 11 Plan of Reorganization. Renesas Electronics Corporation, as the sole shareholder of REA, may be deemed to have dispositive power over the reported securities beneficially owned by REA and, accordingly, may be deemed to beneficially own the reported securities.
F3 Subject to certain limitations, including the receipt of certain regulatory approvals, the Convertible Second Lien Senior Secured Notes due 2031 (the "Convertible Notes") are convertible into shares of Common Stock at an initial conversion rate of 54.5005 shares of Common Stock per $1,000 principal amount of Convertible Notes, which is equivalent to an initial conversion price of approximately $18.35 per share of Common Stock. Until such regulatory approvals are received, REA may direct the Issuer to make sales of the shares of Common Stock issuable upon the conversion of the Convertible Notes and to remit the cash proceeds from such sales to REA.
F4 The ability to exercise the warrant for shares of Common Stock is subject to certain limitations, including the receipt of certain regulatory approvals. Subject to the terms of the warrant, the expiration date may be extended to September 29, 2029. Until such regulatory approvals are received, the warrant will not be deemed issued (other than for U.S. federal and applicable state and local income tax purposes), but REA may direct the Issuer to make sales of the shares of Common Stock issuable upon the exercise of the warrant and to remit the cash proceeds from such sales to REA.