OCLARO, INC. 4
4 · OCLARO, INC. · Filed Aug 12, 2016
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
Haynes James Douglas
Chief Operating Officer
Transactions
- Award
Common Stock
2015-10-29+70,000→ 312,308 total - Tax Payment
Common Stock
2016-08-10$6.22/sh−22,918$142,550→ 289,390 total - Award
Common Stock
2016-08-10+70,000→ 359,390 total - Tax Payment
Common Stock
2016-08-11$6.20/sh−7,834$48,571→ 351,556 total
Footnotes (4)
- [F1]On August 10, 2015, the reporting person was awarded performance stock units ("PSUs") covering 70,000 shares of common stock. The performance criteria have been achieved and the shares subject to the PSUs began vesting on August 10, 2016.
- [F2]Withholding of 22,918 shares to satisfy tax obligations arising in connection with the non-reportable vesting of equity awards.
- [F3]Represents a grant of restricted stock units, which vests 25% on the one year anniversary of the date of grant and 6.25% every February 10th, May 10th, August 10th and November 10th following the Initial Vesting Date over the three years of continuous service thereafter.
- [F4]Withholding of 7,834 shares to satisfy tax obligations arising in connection with the non-reportable vesting of equity awards.