ONeill Justin J 4
4 · OPNEXT INC · Filed Jul 25, 2012
Insider Transaction Report
Form 4
OPNEXT INCOPXT
ONeill Justin J
General Counsel and Senior VP
Transactions
- Disposition to Issuer
Common Stock
2012-07-23−43,168→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−90,000→ 0 totalExercise: $4.92Exp: 2013-07-11→ Common Stock (90,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−70,000→ 0 totalExercise: $2.86Exp: 2018-05-23→ Common Stock (70,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−100,000→ 0 totalExercise: $13.85Exp: 2017-05-07→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−100,000→ 0 totalExercise: $2.23Exp: 2016-08-19→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−90,000→ 0 totalExercise: $2.04Exp: 2017-05-21→ Common Stock (90,000 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the merger agreement between issuer and Oclaro Inc. (Oclaro) in exchange for 18,130 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]This option, which provided for vesting in four equal annual installments beginning May 7, 2008, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 42,000 shares of Oclaro common stock for $32.98 per share.
- [F3]This option, which provided for vesting in three equal annual installments beginning July 11, 2009, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 37,800 shares of Oclaro common stock for $11.72 per share.
- [F4]This option, which provided for vesting in four equal annual installments beginning August 19, 2010, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 42,000 shares of Oclaro common stock for $5.31 per share.
- [F5]This option, which provided for vesting in four equal annual installments beginning May 21, 2011, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 37,800 shares of Oclaro common stock for $4.86 per share.
- [F6]This option, which provided for vesting in four equal annual installments beginning May 23, 2012, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 29,400 shares of Oclaro common stock for $6.81 per share.