Horiuchi Atsushi 4
4 · OPNEXT INC · Filed Jul 25, 2012
Insider Transaction Report
Form 4
OPNEXT INCOPXT
Horiuchi Atsushi
SVP, Global Sales
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−20,000→ 0 totalExercise: $11.34Exp: 2017-08-15→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−105,000→ 0 totalExercise: $2.04Exp: 2017-05-21→ Common Stock (105,000 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: $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: $4.92Exp: 2013-07-11→ Common Stock (90,000 underlying) - Disposition to Issuer
Common Stock
2012-07-23−33,612→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2012-07-23−1,666→ 0 totalExercise: $15.00Exp: 2012-12-11→ Common Stock (1,666 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the merger agreement between issuer and Oclaro Inc. (Oclaro) in exchange for 14,117 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 August 15, 2008, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 8,400 shares of Oclaro common stock for $27.00 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 44,100 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.
- [F7]This option, which provided for vesting in four equal annual installments beginning December 11, 2003, was assumed by Oclaro, Inc. in the merger and replaced with an option to purchase 699 shares of Oclaro common stock for $35.72 per share.