SEC Form 4 · accession 0001214659-18-002118
OCLARO, INC. · OCLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yves Le Maitre
Officer — Pres., Optical Connect. Bus.
Period of report
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001110647
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2018 | M | 4,875 | $6.15 | A | 299,528 | 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)F1 | $6.15 | Mar 9, 2018 | M | 4,875 | D | — | Mar 10, 2018 | Common Stock | 4,875 | 0 | D |
Explanation of responses
- F1The option vested 25% on the one-year anniversary of the date of grant and in equal monthly installments thereafter. The first installment became exercisable on March 10, 2009. The option was exercised on March 9, 2018 to avoid forfeiture of the option upon its expiration on March 10, 2018. The reporting person paid the exercise price of the option in cash.