FINISAR CORP 4
4 · FINISAR CORP · Filed Jun 23, 2016
Insider Transaction Report
Form 4
FINISAR CORPFNSR
CLARK JOHN H
Exective VP Technology & R&D
Transactions
- Tax Payment
Common Stock
2016-06-21$18.59/sh−4,947$91,965→ 161,451 total - Award
Common Stock
2016-06-21+40,345→ 201,796 total
Footnotes (2)
- [F1]On June 21, 2016, the Reporting Person vested in 9,480 restricted stock units ("RSUs") and as a result acquired 9,480 shares of common stock of the Issuer pursuant to the Reporting Person's June 23, 2015 grant of RSUs. This Form 4 reports shares withheld by the Issuer pursuant to the RSUs' grant agreement in order to satisfy the Reporting Person's withholding obligations for various taxes due upon the vesting of the RSUs. No shares were sold by the Reporting Person. The Issuer will pay the taxes on behalf of the Reporting Person.
- [F2]These shares represent restricted stock units granted to the Reporting Person and shall vest in four equal annual installments beginning on June 19, 2017.