SEC Form 4 · accession 0001094739-16-000133
FINISAR CORP · FNSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Brown
Officer — EVP & Chief Counsel
Period of report
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 7:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 17, 2016 | M | 70,212 | $17.92 | A | 208,641 | D | |
| Common Stock | Jun 17, 2016 | S | 70,212 | $19.10 | D | 138,429 | D | |
| Common Stock | Jun 18, 2016 | F | 3,749 | $18.74 | D | 134,680 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $17.92 | Jun 17, 2016 | M | 70,212 | D | Sep 2, 2009 | Aug 27, 2016 | Common Stock | 70,212 | 4,827 | D |
Explanation of responses
- F1Includes 533 shares received as an Issuer match under the Issuer's 401k Plan on December 24, 2015 and not required to be reported.
- F2Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan adopted by the reporting person on January 8, 2016.
- F3On June 18, 2016, the Reporting Person vested in 8,000 restricted stock units ("RSUs") and as a result acquired 8,000 shares of common stock of the Issuer pursuant to the Reporting Person's June 14, 2012 grant of RSUs. This Form 4 reports shares withheld by the Issuer pursuant to the RSUs' grant agreement in order to satisfy the Reporting Person's withholding obligations for various taxes due upon the vesting of the RSUs. No shares were sold by the Reporting Person. The Issuer will pay the taxes on behalf of the Reporting Person.