Small Ian 4
4 · OCLARO, INC. · Filed Dec 10, 2018
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
Small Ian
Director
Transactions
- Disposition to Issuer
Common Stock
2018-12-10−42,153→ 0 total
Footnotes (2)
- [F1]13,645 of these securities were restricted shares of Oclaro, Inc. ("Oclaro") common stock subject to outstanding awards. All outstanding Oclaro restricted stock awards held by non-employee directors of Oclaro vested in full at the effective time of the Merger (as defined below) in accordance with their terms and conditions. In accordance with the Merger Agreement (as defined below), these restricted stock awards were converted into the right to receive the Merger Consideration (as defined below) in respect of each Oclaro share underlying such award.
- [F2]Pursuant to Agreement and Plan of Merger, dated March 11, 2018 (the "Merger Agreement"), Lumentum Holdings Inc. ("Lumentum") acquired Oclaro in a merger transaction (the "Merger") which became effective on December 10, 2018. At the effective time of the Merger, each share of Oclaro common stock converted into the right to receive, without interest, (a) $5.60 in cash and (b) 0.0636 of a share of common stock of Lumentum ("Merger Consideration").