NEWPORT CORP 4
4 · NEWPORT CORP · Filed May 21, 2015
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
Allen David J
VP & GM, Lasers Division
Transactions
- Award
Stock Appreciation Right (Stock-Settled)
2015-05-19+12,000→ 12,000 totalExercise: $19.11Exp: 2022-05-19→ Common Stock (12,000 underlying) - Award
Common Stock
2015-05-19+12,000→ 70,503 total
Footnotes (2)
- [F1]Consists of restricted stock units representing the right to receive upon vesting a total of 12,000 shares of the issuer's common stock. Such restricted stock units vest in equal one-third installments on March 31, 2016, March 31, 2017 and March 31, 2018, subject to the achievement by the issuer of a specified financial performance goal for 2015.
- [F2]Stock appreciation right vests in equal one-third installments on March 31, 2016, March 31, 2017 and March 31, 2018.