NEWPORT CORP 4
4 · NEWPORT CORP · Filed Mar 17, 2016
Insider Transaction Report
Form 4
NEWPORT CORPNEWP
Allen David J
VP & GM, Lasers Division
Transactions
- Sale
Common Stock
2016-03-17$22.91/sh−8,460$193,853→ 84,734 total - Exercise/Conversion
Common Stock
2016-03-16$4.18/sh+27,510$114,992→ 98,216 total - Exercise/Conversion
Stock-settled stock appreciation right
2016-03-16−27,510→ 0 totalExercise: $4.18Exp: 2016-03-20→ Common Stock (27,510 underlying) - Disposition to Issuer
Common Stock
2016-03-16$22.90/sh−5,022$115,004→ 93,194 total
Footnotes (5)
- [F1]Includes an aggregate of 203 shares acquired through the issuer's Employee Stock Purchase Plan on June 30, 2015 and December 31, 2015.
- [F2]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).
- [F3]Shares were sold to satisfy the reporting person's tax withholding obligation upon the exercise of a stock appreciation right.
- [F4]Reflects the weighted-average sale price for an aggregate of 8,460 shares sold in multiple transactions at prices ranging from $22.90 to $22.95 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.
- [F5]Stock appreciation right became fully vested on March 20, 2012.