SEC Form 4 · accession 0001094739-18-000008
FINISAR CORP · FNSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E. Hurlston
Officer — CEO · Director
Period of report
Jan 11, 2018
Accepted (ET)
Jan 16, 2018 · 8:38 pm EST
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 | Jan 11, 2018 | A | 134,771 | $0.00 | A | 134,771 | 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) | $22.26 | Jan 11, 2018 | A | 740,000 | A | Jan 11, 2019 | Jan 11, 2028 | Common Stock | 740,000 | 740,000 | D |
Explanation of responses
- F1These shares represent restricted stock units granted to the Reporting Person and shall vest in four substantially equal annual installments beginning on January 11, 2019.
- F2This option is exercisable when vested. This option will vest 20% on January 11, 2019 and remaining 80% will vest in fourteen substantially equal quarterly installments, with first such installment vesting on April 11, 2019 and the last on June 11, 2022.