Carter Adam 4
4 · OCLARO, INC. · Filed Aug 7, 2017
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
Carter Adam
Chief Commercial Officer
Transactions
- Award
Common Stock
2017-07-25+70,000→ 368,952 total
Footnotes (1)
- [F1]On August 10, 2016, the reporting person was awarded performance stock units ("PSUs") covering 70,000 shares of common stock. On July 25, 2017, the Compensation Committee of Oclaro, Inc. determined that the performance criteria had been achieved and the shares subject to the PSUs will begin vesting 25% on August 10, 2017 ("Initial Vesting Date") 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.