OPTICAL COMMUNICATION PRODUCTS INC 4
4 · OPTICAL COMMUNICATION PRODUCTS INC · Filed Jun 7, 2007
Insider Transaction Report
Form 4
FURUKAWA ELECTRIC CO LTD
10% Owner
Transactions
- Sale
Class B Common Stock
2007-06-05$1.50/sh−66,000,000$99,000,000→ 0 total→ Class A Common Stock (66,000,000 underlying)
Footnotes (4)
- [F1]1-for-1
- [F2]Immediately.
- [F3]None.
- [F4]The Furukawa Electric Co., Ltd. ("Furukawa") sold its 66,000,000 shares of Class B Common Stock for (i) $84,150,000 in cash and (ii) 857,258 shares of the common stock of Oplink Communications, Inc. ("Oplink"). The value of the Oplink common stock was determined based on the average of its closing price during the 30-trading day period completed one trading day prior to April 22, 2007, which was the date of the Stock Purchase Agreement between Furukawa and Oplink.