4//SEC Filing
Lu Albert 4
Accession 0001214659-20-010857
CIK 0000808326other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 4:12 PM ET
Size
9.7 KB
Accession
0001214659-20-010857
Insider Transaction Report
Form 4
EMCORE CORPEMKR
Lu Albert
Sr. V.P. of Engineering
Transactions
- Exercise/Conversion
Common Stock
2020-12-30+695→ 27,608 total - Exercise/Conversion
Performance-Based Restricted Stock Units (PSUs)
2020-12-30−14,000→ 68,000 total→ Emcore Common Stock (14,000 underlying) - Tax Payment
Common Stock
2020-12-30$5.65/sh−240$1,356→ 27,368 total
Footnotes (5)
- [F1]Represents shares of Issuer common stock subject to an award of performance-based restricted stock units ("PSUs") that vests based on the Issuer's total shareholder return ("TSR") compared to pre-established TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The Compensation Committee determined on December 30, 2020 that the number of PSUs earned was 4.97% of the target number of PSUs subject to the award.
- [F2]The PSUs were awarded to the Reporting Person for no cash or other similar consideration.
- [F3]Represents the number of shares required to be withheld in accordance with Rule 16b-3 to cover the Reporting Person's tax withholding obligations in connection with the vesting of the PSUs reported herein.
- [F4]Each PSU represented a contingent right to receive one share of the Issuer's common stock, based on the Issuer's TSR compared to pre-established relative TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The aggregate number of shares issued may range from zero (0) to 200% of the target number of shares granted.
- [F5]PSUs that become vested and nonforfeitable are paid in shares of Common Stock as soon as practicable following the vesting date.
Documents
Issuer
EMCORE CORP
CIK 0000808326
Entity typeother
Related Parties
1- filerCIK 0001701001
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 4:12 PM ET
- Size
- 9.7 KB