SEC Form 4 · accession 0001094739-17-000071
FINISAR CORP · FNSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Clark
Officer — EVP & Chief Technology Officer
Period of report
Jun 19, 2017
Accepted (ET)
Jun 21, 2017 · 7:20 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 StockF2 | Jun 19, 2017 | F | 5,260 | $27.58 | D | 153,946 | D | |
| Common Stock | Jun 20, 2017 | A | 12,873 | $0.00 | A | 166,819 | D | |
| Common Stock | Jun 21, 2017 | F | 4,947 | $27.13 | D | 161,872 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 19, 2017, the Reporting Person vested in 10,087 restricted stock units ("RSUs") and as a result acquired 10,087 shares of common stock of the Issuer pursuant to the Reporting Person's June 21, 2016 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.
- F2Includes 252 shares received as an Issuer match under the Issuer's 401K Plan on December 27, 2016 and not required to be reported, and also includes 560 shares purchased under the Issuer's Employee Stock Purchase Plan on June 15, 2017 and such purchase was not required to be reported pursuant to Section 16(a).
- F3These shares represent restricted stock units granted to the Reporting Person and shall vest in four equal annual installments beginning on June 25, 2018.
- F4On June 21, 2017, the Reporting Person vested in 9,480 restricted stock units ("RSUs") and as a result acquired 9,480 shares of common stock of the Issuer pursuant to the Reporting Person's June 23, 2015 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.