Smith William Lloyd 4
4 · OPNEXT INC · Filed Jul 25, 2012
Insider Transaction Report
Form 4
OPNEXT INCOPXT
Smith William Lloyd
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-07-23−103,541→ 0 total→ Common Stock (103,541 underlying) - Exercise/Conversion
Common Stock
2012-07-23+103,541→ 103,541 total - Disposition to Issuer
Common Stock
2012-07-23−103,541→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the merger agreement between issuer and Oclaro Inc. (Oclaro) in exchange for 43,487 shares of Oclaro common stock having a market value of $2.31 per share on the effective date of the merger. In the merger agreement, each share of issuer common stock outstanding immediately prior to the effective time of the merger was converted into the right to receive 0.42 of a share of Oclaro common stock.
- [F2]Each restricted stock unit represents the right to receive one share of issuer common stock.