NEWPORT CORP 4
4 · NEWPORT CORP · Filed Nov 27, 2013
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
PARSON LAURENCE D
SVP and GM, Optics Group
Transactions
- Sale
Common Stock
2013-11-25$17.12/sh−15,836$271,119→ 53,205 total - Exercise/Conversion
Stock-settled stock appreciation right
2013-11-25−21,000→ 0 totalExercise: $4.18Exp: 2016-03-20→ Common Stock (21,000 underlying) - Disposition to Issuer
Common Stock
2013-11-25$17.00/sh−5,164$87,788→ 69,041 total - Exercise/Conversion
Common Stock
2013-11-25$4.18/sh+21,000$87,780→ 74,205 total
Footnotes (3)
- [F1]Reflects the disposition of shares to the issuer deemed to occur upon the exercise of a stock appreciation right (such shares having a total value at the time of exercise equal to the aggregate base value of the stock appreciation right).
- [F2]Reflects the weighted-average sale price for an aggregate of 15,836 shares sold in multiple transactions at prices ranging from $16.92 to $17.25 per share. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]Stock appreciation right became fully vested on March 20, 2012.