4//SEC Filing
FINISAR CORP 4
Accession 0001094739-17-000063
CIK 0001094739operating
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 7:05 PM ET
Size
11.3 KB
Accession
0001094739-17-000063
Insider Transaction Report
Form 4
FINISAR CORPFNSR
Colyar Mark
Sr.VP,Operations & Engineering
Transactions
- Tax Payment
Common Stock
2017-06-19$27.58/sh−1,441$39,743→ 41,435 total - Sale
Common Stock
2017-06-21$27.31/sh−2,244$61,277→ 48,386 total - Tax Payment
Common Stock
2017-06-21$27.13/sh−1,398$37,928→ 46,988 total - Award
Common Stock
2017-06-20+9,195→ 50,630 total
Footnotes (6)
- [F1]On June 19, 2017, the Reporting Person vested in 3,685 restricted stock units ("RSUs") and as a result acquired 3,685 shares of common stock of the Issuer pursuant to the Reporting Person's June 21, 2016 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]Includes 892 shares purchased under the Issuer's Employee Stock Purchase Plan on December 15, 2016 and such purchase was not required to be reported pursuant to Section 16(a), and also includes 252 shares received as an Issuer match under the Issuer's 401K Plan on December 27, 2016 and not required to be reported, and also includes 466 shares purchased under the Issuer's Employee Stock Purchase Plan on June 15, 2017 and such purchase was not required to be reported pursuant to Section 16(a).
- [F3]These shares represent restricted stock units granted to the Reporting Person and shall vest in four equal annual installments beginning on June 25, 2018.
- [F4]Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan adopted by the reporting person on April 7, 2017.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.15 to $27.66 inclusive. The reporting person undertakes to provide to Finisar Corporation, any security holder of Finisar Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F6]On June 21, 2017, the Reporting Person vested in 3,564 restricted stock units ("RSUs") and as a result acquired 3,564 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.
Documents
Issuer
FINISAR CORP
CIK 0001094739
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001094739
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 7:05 PM ET
- Size
- 11.3 KB