EMCORE CORP 4
4 · EMCORE CORP · Filed Nov 12, 2013
Insider Transaction Report
Form 4
EMCORE CORPEMKR
SCOTT CHARLES THOMAS /NY
Director
Transactions
- Award
Phantom Share Credits
2013-11-07+6,768→ 6,768 totalExercise: $0.00→ Common Stock (6,768 underlying)
Footnotes (3)
- [F1]These phantom share credits were credited to the Reporting Person?s account because the Reporting Person elected to defer receipt of shares of common stock that the Reporting Person was entitled to receive for service as a non-employee director pursuant to the EMCORE Corporation 2007 Directors? Stock Award Plan.
- [F2]Each phantom share credit in the Reporting Person?s account entitles the Reporting Person to one share of common stock. The Reporting Person?s account shall be paid out (i) in shares of common stock within 30 days of the Reporting Person ceasing to serve as a director of the Issuer or (ii) immediately prior to a change of control of the Issuer, in shares of common stock or, at the discretion of the board of directors of the Issuer, in cash.
- [F3]Phantom share credits shall not expire.