PARKER SCOTT 4
4 · OCLARO, INC. · Filed Aug 23, 2010
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
PARKER SCOTT
Exec. V Pres. Sales & Marcom
Transactions
- Award
Common Stock
2010-08-18+15,193→ 32,393 total - Sale
Common Stock
2010-08-19$10.29/sh−7,160$73,642→ 25,233 total - Disposition to Issuer
Restricted Stock Unit
2010-08-18−15,193→ 0 totalExercise: $0.00From: 2010-08-18Exp: 2018-08-17→ Common Stock (15,193 underlying)
Footnotes (3)
- [F1]Represents shares deemed acquired by the Reporting Person pursuant to a Restricted Stock Unit Agreement granted by the Issuer on August 18, 2008. The Restricted Stock Unit vests 50% on each anniversary of the grant date.
- [F2]On August 18, 2010 the Reporting Person vested in 15,193 Restricted Stock Units, and as a result of the vesting acquired 15,193 shares of Common Stock of the Issuer pursuant to the Reporting Person's August 18, 2008 grant of RSUs. This Form 4 reports the sale of shares by the Issuer to satisfy the Reporting Person's various tax obligations pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2009. The Issuer will pay the taxes on behalf of the Reporting Person.
- [F3]The price range for sales of these shares was between $10.22 to $10.38. Upon appropriate request, the Reporting Person will provide full information regarding the number of shares sold at each separate price.