4//SEC Filing
WORKMAN STEPHEN K 4
Accession 0001225208-09-024309
CIK 0001094739other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 9:57 PM ET
Size
12.5 KB
Accession
0001225208-09-024309
Insider Transaction Report
Form 4
FINISAR CORPFNSR
WORKMAN STEPHEN K
Chief Financial Officer
Transactions
- Award
Common Stock
2009-12-08+14,812→ 81,697.25 total - Award
Stock Option (Right to Buy)
2009-12-08$8.29/sh+14,812$122,791→ 14,812 totalExercise: $8.29From: 2009-03-08Exp: 2019-12-08→ Common Stock (14,812 underlying) - Award
Common Stock
2009-12-08+12,500→ 94,197.25 total - Award
Stock Option (Right to Buy)
2009-12-08$8.29/sh+12,500$103,625→ 12,500 totalExercise: $8.29From: 2010-09-01Exp: 2019-12-08→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]These shares represent restricted stock units granted to the reporting person under the Issuer's 2005 Stock Incentive Plan. These units will vest quarterly over a four-year period from the Effective Date. If the reporting person's employment with the Issuer or its subsidiaries is voluntarily terminated or involuntarily terminated for Cause prior to vesting of restricted stock units granted herein, all unvested restricted stock units shall immediately and automatically be forfeited and returned to the Company. The units automatically vest as long as employment continues, and there is no expiration date.
- [F2]These shares represent restricted stock units granted to the reporting person under the Issuer's 2005 Stock Incentive Plan. 25% of the units vest on September 1, 2010 and 6.25% quarterly thereafter over the next three years. If the reporting person's employment with the Issuer or its subsidiaries is voluntarily terminated or involuntarily terminated for Cause prior to vesting of restricted stock units granted herein, all unvested restricted stock units shall immediately and automatically be forfeited and returned to the Company. The units automatically vest as long as employment continues, and there is no expiration date.
- [F3]Each Option shall vest and become exercisable, subject to the Optionee's continued service, with respect to six and one-quarter percent (6.25%) of such shares on each of the next sixteen (16) quarterly anniversaries of the Transaction date.
- [F4]Each Option shall vest and become exercisable, subject to the Optionee's continued service, with respect to twenty-five percent (25%) of the shares subject to such Option on 09/01/2010 and with respect to an additional six and one-quarter percent (6.25%) of such shares on each of the next twelve (12) quarterly anniversaries of the Initial Vesting Date.
Documents
Issuer
FINISAR CORP
CIK 0001094739
Entity typeother
Related Parties
1- filerCIK 0001194536
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 9:57 PM ET
- Size
- 12.5 KB