SEC Form 4 · accession 0001227025-18-000077
NEOPHOTONICS CORP · NPTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chiyue cheung
Officer — Chief Operating Officer
Period of report
Jul 31, 2018
Accepted (ET)
Aug 1, 2018 · 6:56 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 | Jul 31, 2018 | M | 5,620 | $0.00 | A | 5,620 | D | |
| Common Stock | Aug 1, 2018 | D | 5,620 | $6.3575 | D | 0 | 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)F2,F3 | $0.00 | Jul 31, 2018 | M | 5,620 | D | — | Jul 31, 2020 | Common Stock | 5,620 | 11,240 | D |
Explanation of responses
- F1In accordance with the State Administration of Foreign Exchange in China, shares acquired by Chinese national employees through an award granted under the Company's 2010 EIP Plan are subject to immediate sale.
- F2Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
- F3The 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.