JDS UNIPHASE CORP /CA/ 4
4 · JDS UNIPHASE CORP /CA/ · Filed Jun 1, 2005
Insider Transaction Report
Form 4
ZNOTINS THOMAS
VP of Subsystems Product Group
Transactions
- Award
Non-qualified stock option (right to buy)
2005-05-27$1.61/sh+300,000$483,000→ 300,000 totalExercise: $1.61Exp: 2013-05-27→ Common stock (300,000 underlying) - Award
Restricted stock units
2005-05-27+25,000→ 25,000 totalExercise: $0.00Exp: 2013-05-27→ Common stock (25,000 underlying)
Footnotes (3)
- [F1]25% of the share subject to the option vest one year from the grant date. Thereafter, 6.25% of the share subject to the option vest quarterly in 12 quarters.
- [F2]Each unit converts upon vesting into a right to receive one share of stock. The grant vests 100% on the fifth anniversary of the grant date, but is subject to earlier vesting upon achievement of certain performance criteria. Should performance criteria be achieved, the grant vests 1/3rd upon achievement, 1/3 each year that follows.
- [F3]Each unit converts upon vesting into a right to receive one share of stock at the vesting rate of one-third of the grant annually for three years from the date of grant.