SEC Form 4 · accession 0001213184-15-000002
NEWPORT CORP · NEWP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence D Parson
Officer — SVP and GM, Optics Group
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 9:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000225263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2015 | M | 5,000 | $13.46 | A | 68,836 | D | |
| Common StockF2 | Jan 2, 2015 | S | 5,000 | $18.8725 | D | 63,836 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $13.46 | Jan 2, 2015 | M | 5,000 | D | — | Feb 22, 2015 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Transaction was effected pursuant to a Rule 10b5-1 trading plan established by reporting person on December 2, 2014.
- F2Reflects the weighted-average sale price for an aggregate of 5,000 shares sold in multiple transactions at prices ranging from $18.53 to $19.12 per share. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Option became fully vested on February 23, 2009.