SEC Form 4 · accession 0001094739-16-000253
FINISAR CORP · FNSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Swanson
Officer — EVP Sales / Marketing / R&D
Period of report
Sep 15, 2016
Accepted (ET)
Sep 19, 2016 · 4:12 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 Stock | Sep 15, 2016 | M | 509 | $10.08 | A | 262,306 | D | |
| Common Stock | Sep 15, 2016 | M | 750 | $14.88 | A | 263,056 | D | |
| Common StockF2 | Sep 15, 2016 | S | 1,259 | $28.116 | D | 261,797 | D | |
| Common StockF3 | Sep 15, 2016 | S | 4,684 | $28.442 | D | 257,113 | D | |
| Common StockF4 | Sep 15, 2016 | S | 240 | $28.1975 | D | 256,873 | 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) | $10.08 | Sep 15, 2016 | M | 509 | D | Sep 11, 2009 | Sep 11, 2018 | Common Stock | 509 | 391 | D |
| Stock Option (Right to Buy) | $14.88 | Sep 15, 2016 | M | 750 | D | Dec 10, 2008 | Dec 10, 2017 | Common Stock | 750 | 0 | D |
Explanation of responses
- F1Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan adopted by the reporting person on June 21, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.075 to $28.22 inclusive. The reporting person undertakes to provide to Finisar Corporation, any security holder of Finisar Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.93 to $28.735 inclusive. The reporting person undertakes to provide to Finisar Corporation, any security holder of Finisar Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.16 to $28.24 inclusive. The reporting person undertakes to provide to Finisar Corporation, any security holder of Finisar Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.