PATEL C KUMAR N 4
4 · NEWPORT CORP · Filed Dec 22, 2006
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
PATEL C KUMAR N
Director
Transactions
- Exercise/Conversion
Common Stock
2006-12-21$2.96/sh+12,000$35,500→ 19,500 total - Gift
Common Stock
[F1]2006-12-21−12,000→ 7,500 total - Gift
Common Stock
[F1][F2]2006-12-21+12,000→ 82,349 total(indirect: By Trust) - Exercise/Conversion
Stock option (right to buy)
2006-12-21−12,000→ 0 totalExercise: $2.96From: 1997-12-31Exp: 2006-12-31→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]Reporting person transferred 12,000 shares, which were acquired on December 21, 2006 upon exercise of a stock option, to reporting person and his spouse as trustees of a family trust.
- [F2]Shares are held by reporting person and his spouse as trustees of a family trust.
Signature
Jeffrey B. Coyne, Sr. VP & General Counsel, as attorney-in-fact for reporting person|2006-12-22