Minichiello Thomas P. 4
4 · EMCORE CORP · Filed Jun 18, 2024
Insider Transaction Report
Form 4
EMCORE CORPEMKR
Minichiello Thomas P.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-06-15$0.86/sh−882$759→ 104,587 total - Award
Restricted Stock Units
2024-06-14+76,400→ 105,469 total
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of EMCORE common stock. The RSUs were issued pursuant to the Amended and Restated EMCORE Corporation 2019 Equity Incentive Plan. The RSUs vest as to 1/3 of the underlying shares on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
- [F2]On June 15, 2023, the Reporting Person was granted 11,890 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date, which grant was previously reported on a Form 4, Table I. The Reporting Person vested in 2,973 shares on June 15, 2024 from this RSU award. The number of shares reported here represents the number of shares required to be withheld in accordance with Rule 16b-3 to cover the Reporting Person's tax withholding obligation in connection with the vesting of the RSUs on June 15, 2024.