SEC Form 4 · accession 0001227025-16-000083
NEOPHOTONICS CORP · NPTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Sophie
Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 10, 2016 · 7:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001227025
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2016 | M | 7,692 | $3.25 | A | 16,474 | D | |
| Common Stock | Mar 9, 2016 | S | 7,692 | $11.0645 | D | 8,782 | D | |
| Common Stock | Mar 9, 2016 | M | 4,000 | $4.25 | A | 12,782 | D | |
| Common Stock | Mar 9, 2016 | S | 4,000 | $11.0645 | D | 8,782 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $3.25 | Mar 9, 2016 | M | 7,692 | D | — | Jul 28, 2024 | Common Stock | 7,692 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $4.25 | Mar 9, 2016 | M | 4,000 | D | — | May 15, 2017 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1This option shall vest ratably at a rate of 1/12th of the total number of shares granted on each monthly anniversary of the grant date, so long as the Reporting Person remains a member of the Board of Directors of the Company.
- F225% of the Option Shares shall vest on the one-year anniversary of the Vesting Commencement Date (12/10/2006), and 1/48th of the total number of Optoin Shares shall vest on each monthly anniversary of the Vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries. This grant is early exercisable.