OCLARO, INC. 4
4 · OCLARO, INC. · Filed Feb 14, 2017
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
Mangan Pete J
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2017-02-10$2.55/sh+45,000$114,750→ 481,332 total - Exercise/Conversion
Common Stock
2017-02-10$2.56/sh+12,000$30,720→ 493,332 total - Sale
Common Stock
2017-02-10$9.22/sh−133,363$1,229,420→ 359,969 total - Tax Payment
Common Stock
2017-02-10$9.49/sh−14,479$137,406→ 345,490 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-02-10−45,000→ 15,000 totalExercise: $2.55Exp: 2024-01-14→ Common Stock (45,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2017-02-10−12,000→ 0 totalExercise: $2.56Exp: 2022-06-11→ Common Stock (12,000 underlying)
Footnotes (6)
- [F1]Exercise of Derivative Security.
- [F2]Sale subject to Rule 144.
- [F3]This transaction was executed in multiple trades at prices ranging from $9.125 to $9.52. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]Withholding of 14,479 shares to satisfy tax obligations arising in connection with the non-reportable vesting of equity awards.
- [F5]Options vest and become exercisable (a) with respect to 25% of the shares subject to the Option on the first anniversary of January 14, 2014 and (b) with respect to the remaining shares 2.083% of the shares subject to the Option should vest following each month of continuous service thereafter, for the following three years.
- [F6]Options vest and become exercisable (a) with respect to 25% of the shares subject to the Option on the first anniversary of June 11, 2012 and (b) with respect to the remaining shares 2.083% of the shares subject to the Option should vest following each month of continuous service thereafter, for the following three years.