NEOPHOTONICS CORP 4
4 · NEOPHOTONICS CORP · Filed May 17, 2017
Insider Transaction Report
Form 4
WALLIN RAY
SVP, CFO
Transactions
- Exercise/Conversion
Restricted Stock Units (right to acquire)
2017-05-15−10,000→ 0 totalExercise: $0.00Exp: 2018-10-27→ Common Stock (10,000 underlying) - Exercise/Conversion
Restricted Stock Units (right to acquire)
2017-05-15−9,600→ 6,400 totalExercise: $0.00Exp: 2019-08-02→ Common Stock (9,600 underlying) - Exercise/Conversion
Common Stock
2017-05-15+9,600→ 57,982 total - Exercise/Conversion
Common Stock
2017-05-15+10,000→ 48,382 total
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
- [F2]Mr. Wallin resigned his position with the Company, effective on May 15, 2017. According to the separation agreement between Mr. Wallin and the Company, the vesting of Mr. Wallin's outstanding equity awards were accelerated as though the awards continued to vest for a period of eighteen (18) months following the date of termination of his employment with the Company.
- [F3]50% of the Shares shall vest on the 18-month anniversary of the Vesting Commencement Date, 25% vest on the next 12-month anniversary of the Vesting Commencement Date, and the remaining 25% will vest on the next 6-month anniversary of the vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.
- [F4]30% of the Shares shall vest on the first 12-month anniversary of the Vesting Commencement Date, 30% vest on the second 12-month anniversary of the Vesting Commencement Date, and the remaining 40% will vest on the third 12-month anniversary of the vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.