Allen David J 4
4 · NEWPORT CORP · Filed May 22, 2013
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
Allen David J
VP & GM, Lasers Division
Transactions
- Award
Common Stock
2013-05-20+16,800→ 56,979 total - Award
Stock Appreciation Right (Stock-Settled)
2013-05-20+16,800→ 16,800 totalExercise: $13.74Exp: 2020-05-20→ Common Stock (16,800 underlying)
Footnotes (2)
- [F1]Consists of restricted stock units representing the right to receive upon vesting a total of 16,800 shares of the issuer's common stock. Such restricted stock units vest in equal one-third installments on March 31, 2014, March 31, 2015 and March 31, 2016, subject to the achievement by the issuer of a specified financial performance goal for 2013.
- [F2]Stock appreciation right vests in equal one-third installments on March 31, 2014, March 31, 2015 and March 31, 2016.