SEC Form 4 · accession 0001437749-15-016112
Lumentum Holdings Inc. · LITE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S Lowe
Officer — CEO and President · Director
Period of report
Aug 15, 2015
Accepted (ET)
Aug 18, 2015 · 8:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001633978
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Aug 15, 2015 | A | 152,634 | A | — | — | Common Stock | 152,634 | 152,634 | D |
| Performance Stock UnitsF3,F4 | $0.00 | Aug 15, 2015 | A | 36,927 | A | — | — | Common Stock Units | 36,927 | 36,927 | D |
Explanation of responses
- F1Granted August 15, 2015, this restricted stock unit grant vests over three years, with 33% vesting on the first anniversary of the grant date and the remaining shares vesting quarterly in eight equal installments over the following two years.
- F2Restricted Stock Units have no expiration date.
- F3One hundred percent (100%) of the RSUs will be earned based on achievement against an organic revenue growth target for fiscal 2016, with one third of the earned RSUs vesting on each of the first three (3) anniversaries of the grant date, or fifty percent (50%) of the RSUs will be earned based on achievement against an organic revenue growth target for fiscal 2017 (and not fiscal 2016), with fifty percent (50%) of the earned RSUs vesting on each of the second and third anniversaries of the grant date.
- F4Performance Stock Units have no expiration date.