4//SEC Filing
Stephens Robert 4
Accession 0001094739-19-000116
CIK 0001094739other
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 6:11 AM ET
Size
7.0 KB
Accession
0001094739-19-000116
Insider Transaction Report
Form 4
FINISAR CORPFNSR
Stephens Robert
Director
Transactions
- Disposition to Issuer
Common Stock
2019-09-24$23.80/sh−48,211$1,147,422→ 8,795 total - Disposition to Issuer
Common Stock
2019-09-24$23.80/sh−8,795$209,321→ 0 total
Footnotes (2)
- [F1]These shares were disposed of pursuant to the Agreement and Plan of Merger by and among II-VI Incorporated ("II-VI"), Mutation Merger Sub Inc., and Finisar Corporation, dated as of November 8, 2018 (the "Merger Agreement"), whereby 48,211 of such shares were automatically cancelled and converted into the right to receive, for each such share, 0.2218 shares of II-VI common stock and $15.60 in cash.
- [F2]The remaining 8,795 of such shares consisted of unvested restricted stock units ("RSUs") granted by the issuer (each of which represented the right to receive a share of the issuer's common stock upon vesting of the unit) that, in connection with the termination of the reporting person's service with the issuer upon the closing of the Merger, were accelerated and converted into the right to receive 0.2218 shares of II-VI common stock and $15.60 in cash for each RSU. The closing price of II-VI's common stock on September 23, 2019 was $36.975 per share.
Documents
Issuer
FINISAR CORP
CIK 0001094739
Entity typeother
Related Parties
1- filerCIK 0001337844
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 6:11 AM ET
- Size
- 7.0 KB