4//SEC Filing
Sitler Benjamin Lee 4
Accession 0001227025-18-000006
CIK 0001227025other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 5:55 PM ET
Size
15.0 KB
Accession
0001227025-18-000006
Insider Transaction Report
Form 4
Sitler Benjamin Lee
VP, Global Sales
Transactions
- Exercise/Conversion
Restricted Stock Units (right to acquire)
2018-02-28−8,000→ 0 totalExercise: $0.00Exp: 2018-10-27→ Common Stock (8,000 underlying) - Exercise/Conversion
Restricted Stock Units (right to acquire)
2018-02-28−11,200→ 0 totalExercise: $0.00Exp: 2019-08-02→ Common Stock (11,200 underlying) - Exercise/Conversion
Restricted Stock Units (right to acquire)
2018-02-28−9,900→ 0 totalExercise: $0.00Exp: 2020-07-31→ Common Stock (9,900 underlying) - Exercise/Conversion
Common Stock
2018-02-28+8,000→ 100,111 total - Exercise/Conversion
Common Stock
2018-02-28+9,900→ 121,211 total - Exercise/Conversion
Common Stock
2018-02-28+11,200→ 111,311 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
- [F2]Mr. Sitler resigned his position with the Company, effective on February 28, 2018. According to the separation agreement between Mr. Sitler and the Company, the vesting of Mr. Sitler'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.
- [F5]The shares vest in three equal annual installments, so long as the person remains an employee of or consultant to the Company or its qualifying subsidiaries. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
Documents
Issuer
NEOPHOTONICS CORP
CIK 0001227025
Entity typeother
Related Parties
1- filerCIK 0001490217
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 5:55 PM ET
- Size
- 15.0 KB