4//SEC Filing
Swanson Todd 4
Accession 0001094739-18-000040
CIK 0001094739other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 6:28 PM ET
Size
11.6 KB
Accession
0001094739-18-000040
Insider Transaction Report
Form 4
FINISAR CORPFNSR
Swanson Todd
VP Sales & Marketing
Transactions
- Tax Payment
Common Stock
2018-06-19$17.72/sh−4,700$83,284→ 244,162 total - Tax Payment
Common Stock
2018-06-19$18.00/sh−10,002$180,036→ 248,862 total - Award
Performance Restricted Stock Unit
2018-06-19+68,750→ 68,750 totalExercise: $0.00From: 2018-08-05Exp: 2022-05-06→ Common Stock (68,750 underlying) - Award
Common Stock
2018-06-19+46,528→ 258,864 total
Footnotes (5)
- [F1]These shares represent restricted stock units granted to the Reporting Person and shall vest in four equal annual installments beginning on June 20, 2019.
- [F2]Includes 375 shares received as an Issuer match under the Issuer's 401K Plan on December 18, 2017 and not required to be reported, and also includes 1,158 shares purchased under the Issuer's Employee Stock Purchase Plan on June 15, 2018 and such purchase was not required to be reported pursuant to Section 16(a).
- [F3]On June 19, 2018, the Reporting Person vested in 20,172 restricted stock units ("RSUs") and as a result acquired 20,172 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.
- [F4]On June 21, 2018, the Reporting Person vested in 9,479 restricted stock units ("RSUs") and as a result acquired 9,479 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.
- [F5]The Performance Restricted Stock Units vest and release on a quarterly basis over an approximately four-year vesting period beginning August 5, 2018 and through May 5, 2022, with the actual number of shares being vested and released on any vesting date determined based on achievement of applicable stock price targets established for purposes of the award. The table above reflects the maximum number of shares that may be issued pursuant to the award.
Documents
Issuer
FINISAR CORP
CIK 0001094739
Entity typeother
Related Parties
1- filerCIK 0001444728
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 6:28 PM ET
- Size
- 11.6 KB