OCLARO, INC. 4
4 · OCLARO, INC. · Filed Feb 4, 2016
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
Haynes James Douglas
Chief Operating Officer
Transactions
- Award
Common Stock
0016-02-02+50,000→ 263,289 total - Tax Payment
Common Stock
2016-02-02$3.67/sh−23,500$86,245→ 239,789 total
Footnotes (2)
- [F1]On August 11, 2014, the reporting person was granted a Performance Stock Unit of 50,000 shares of common stock. The Performance Stock Unit vested in full based on Oclaro's satisfaction of certain performance criteria prior to the end of Oclaro's 2017 fiscal year. The performance criteria were met, resulting in vesting of the Performance Stock Unit.
- [F2]Withholding of 23,500 shares to satisfy tax obligations arising in connection with the non-reportable vesting of restricted stock units.