SEC Form 4 · accession 0001213184-15-000012
NEWPORT CORP · NEWP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis L Werth
Officer — SVP and GM, Photonics Group
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 8:40 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 13, 2015 | M | 27,510 | $4.18 | A | 97,486 | D | |
| Common Stock | Feb 13, 2015 | D | 5,668 | $20.29 | D | 91,818 | D | |
| Common StockF2 | Feb 17, 2015 | S | 21,842 | $20.1102 | D | 69,976 | D |
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 rightF3 | $4.18 | Feb 13, 2015 | M | 27,510 | D | — | Mar 20, 2016 | Common Stock | 27,510 | 0 | D |
Explanation of responses
- F1Reflects 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).
- F2Reflects the weighted-average sale price for an aggregate of 21,842 shares sold in multiple transactions at prices ranging from $20.00 to $20.25 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.
- F3Stock appreciation right became fully vested on March 20, 2012.