PARKER SCOTT 4
4 · OCLARO, INC. · Filed Dec 7, 2010
Insider Transaction Report
Form 4
OCLARO, INC.OCLR
PARKER SCOTT
Exec. V Pres. Sales & Marcom
Transactions
- Award
Common Stock
2010-11-27$0.05/sh+1,990$100→ 27,223 total - Sale
Common Stock
2010-12-03$11.01/sh−645$7,102→ 26,578 total
Footnotes (4)
- [F1]Represents shares deemed acquired by the Report Person pursuant to a Restricted Stock Unit granted by the Issuer on December 21, 2007. The Restricted Stock Unit vests 50% on November 27, 2010 and 50% on November 27, 2011.
- [F2]The cost per Restricted Stock Unit that must be paid to the Issuer at vest of the Restricted Stock Unit.
- [F3]On November 27, 2010 the Reporting Person vested in 1,990 Restricted Stock Units, and as a result of the vesting acquired 1,990 shares of Common Stock of the Issuer pursuant to the Reporting Person's December 21, 2007 grant of RSUs. This Form 4 reports the sale of 645 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.
- [F4]The price range for sales of these shares was between $11.0100 to $11.0200. Upon appropriate request, the Reporting Person will provide full information regarding the number of shares sold at each separate price.