SEC Form 4 · accession 0001213184-15-000006
NEWPORT CORP · NEWP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Phillippy
Officer — President & CEO · Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 9:13 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 | Feb 10, 2015 | M | 83,400 | $4.18 | A | 354,795 | D | |
| Common Stock | Feb 10, 2015 | D | 17,131 | $20.35 | D | 337,664 | D | |
| Common StockF3 | Feb 11, 2015 | S | 47,580 | $20.3035 | D | 290,084 | D | |
| Common StockF4 | Feb 12, 2015 | S | 18,689 | $20.2035 | D | 271,395 | D | |
| Common StockF5 | holding | — | — | — | 51,714 | I | Held in family trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-settled stock appreciation rightF6 | $4.18 | Feb 10, 2015 | M | 83,400 | D | — | Mar 20, 2016 | Common Stock | 83,400 | 0 | D |
Explanation of responses
- F1Transaction was effected pursuant to a Rule 10b5-1 trading plan established by reporting person on September 11, 2014.
- F2Reflects the disposition of shares to the issuer deemed to occur upon the exercise of a stock appreciation right (such shares having a total value at the time of exercise equal to the aggregate base value of the stock appreciation right).
- F3Reflects the weighted-average sale price for an aggregate of 47,580 shares sold in multiple transactions at prices ranging from $20.21 to $20.46 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.
- F4Reflects the weighted-average sale price for an aggregate of 18,689 shares sold in multiple transactions at prices ranging from $20.09 to $20.36 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.
- F5Shares are held by reporting person and his spouse as trustees of a family trust.
- F6Stock appreciation right became fully vested on March 20, 2012.