SEC Form 4 · accession 0001633978-16-000102
Lumentum Holdings Inc. · LITE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S Lowe
Officer — CEO and President
Period of report
Sep 25, 2016
Accepted (ET)
Sep 28, 2016 · 6:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001633978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 25, 2016 | M | 10,918 | $0.00 | A | 151,220 | D | |
| Common Stock | Sep 25, 2016 | F | 5,697 | $40.97 | D | 145,523 | D | |
| Common Stock | Sep 25, 2016 | M | 9,098 | $0.00 | A | 154,621 | D | |
| Common Stock | Sep 25, 2016 | F | 4,747 | $40.97 | D | 149,874 | D | |
| Common StockF4 | Sep 28, 2016 | S | 4,351 | $41.8184 | D | 145,523 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF5 | $0.00 | Sep 25, 2016 | M | 10,918 | D | Sep 25, 2016 | — | Common Stock | 10,918 | 0 | D |
| Performance Stock UnitsF5 | $0.00 | Sep 25, 2016 | M | 9,098 | D | Sep 25, 2016 | — | Common Stock | 9,098 | 9,098 | D |
Explanation of responses
- F1Each unit converts upon vesting into one share of common stock.
- F2These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock unit award. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3Sale of shares pursuant to 10b5-1 plan dated 5/31/2016.
- F4The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $41.63 to $42.04. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5Restricted Stock Units have no expiration date.