cheung Chiyue 4
4 · NEOPHOTONICS CORP · Filed Aug 5, 2022
Insider Transaction Report
Form 4
cheung Chiyue
VP and COO
Transactions
- Disposition to Issuer
Restricted Stock Unit (right to acquire)
2022-08-03−85,925→ 0 totalExercise: $0.00→ Common Stock (85,925 underlying) - Disposition to Issuer
Performance Restricted Stock Unit (right to acquire)
2022-08-03−34,600→ 0 totalExercise: $0.00→ Common Stock (34,600 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated November 3, 2021, by and among the Issuer, Lumentum Holdings Inc., a Delaware corporation ("Lumentum"), and Neptune Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Lumentum ("Merger Sub"), on August 3, 2022 (the "Closing Date"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of Lumentum. In connection with the Merger, Restricted Stock Unit Awards of the Issuer, outstanding and vested as of immediately prior to the Closing Date, were cancelled and converted into the right to receive $16.00 in cash, without interest, per share, subject to the terms and conditions of the Merger Agreement (the "Merger Consideration").
- [F2]Performance Stock Unit Awards of the Issuer, outstanding and vested as of immediately prior to the Closing Date, were cancelled and converted into the right to receive the Merger Consideration.