SEC Form 4 · accession 0001227025-16-000225
NEOPHOTONICS CORP · NPTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ray Wallin
Officer — SVP, CFO
Period of report
Dec 23, 2016
Accepted (ET)
Dec 23, 2016 · 7:29 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 StockF1 | Dec 23, 2016 | M | 8,333 | $0.00 | A | 28,214 | D | |
| Common StockF2 | Dec 23, 2016 | D | 3,132 | $10.91 | D | 25,082 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (right to acquire)F3,F4,F5 | $0.00 | Dec 23, 2016 | M | 8,333 | D | — | Dec 23, 2016 | Common Stock | 8,333 | 0 | D |
Explanation of responses
- F1Balance includes non-reportable acquisition of shares through the Company's 2010 Employee Stock Purchase Plan.
- F2Represents shares reacquired by the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the reporting person.
- F3Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
- F4The shares vest in three equal annual installments, so long as the person remains an employee of or consultant to the Company or its qualifying subsidiaries. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
- F5Represents the vest date of the last installment of this award.