Gudmundson David 4

4 · JDS UNIPHASE CORP /CA/ · Filed Jun 21, 2007

Form 4

Period: 2007-06-20

VP of Corp. Marketing

Transactions

Award
Restricted Stock Unit
2007-06-20+37,000→ 37,000 total
Exercise: $0.00→ Common Stock (37,000 underlying)
Award
Restricted Stock Unit
2007-06-20+6,000→ 6,000 total
Exercise: $0.00→ Common Stock (6,000 underlying)

Footnotes (3)

[F1]Each unit converts upon vesting to a right to receive one share of JDSU common stock. 29,000 shares issued pursuant to these grants will vest on the first anniversary of their date of grant. The remaining 8,000 shares will vest on the second and third anniversary of their date of grant.
[F2]The Restricted Stock Unit award is earned and vests subject to the achievement of certain performance criteria. The number of units earned will be determined at the first meeting of the full Board of Directors following the release of the Company?s financial results for Fiscal Year 2008. Should the performance criteria be achieved, 1/3rd of the earned units will vest upon the above determination date, with an additional 1/3rd vesting each of the two years following the determination date. Each earned unit converts upon vesting to a right to receive one share of JDSU common stock.
[F3]The restricted stock unit converts to common stock upon the vest date.

Documents

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