SEC Form 4 · accession 0001227025-18-000025
NEOPHOTONICS CORP · NPTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yuen Wupen
Officer — VICE PRESIDENT GLOBAL PRODUCT
Period of report
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 5:40 pm EDT
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 | Apr 27, 2018 | M | 5,500 | $0.00 | A | 48,721 | D | |
| Common StockF1,F2 | Apr 27, 2018 | D | 1,995 | $0.00 | D | 46,726 | 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 | $0.00 | Apr 27, 2018 | M | 5,500 | D | — | Oct 27, 2018 | Common Stock | 5,500 | 5,500 | D |
Explanation of responses
- F1Represents shares reacquired by the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the reporting person.
- F2Balance includes non-reportable acquisition of shares through the Company's 2010 Employee Stock Purchase Plan.
- F3Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
- F450% of the Shares shall vest on the 18-month anniversary of the Vesting Commencement Date, 25% vest on the next 12-month anniversary of the Vesting Commencement Date, and the remaining 25% will vest on the next 6-month anniversary of the vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.