SEC Form 4 · accession 0001213184-16-000060
NEWPORT CORP · NEWP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Cargile
Officer — SVP, CFO and Treasurer
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 7:24 pm EDT
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 StockF1 | Mar 14, 2016 | M | 41,700 | $4.18 | A | 153,619 | D | |
| Common Stock | Mar 14, 2016 | D | 7,629 | $22.85 | D | 145,990 | D | |
| Common StockF4 | Mar 15, 2016 | S | 12,850 | $22.9091 | D | 133,140 | D | |
| Common StockF5 | holding | — | — | — | 1,000 | 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 | Mar 14, 2016 | M | 41,700 | D | — | Mar 20, 2016 | Common Stock | 41,700 | 0 | D |
Explanation of responses
- F1Includes 114 shares acquired through the issuer's Employee Stock Purchase Plan on September 30, 2015.
- 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).
- F3Shares were sold to satisfy the reporting person's tax withholding obligation upon the exercise of a stock appreciation right.
- F4Reflects the weighted-average sale price for an aggregate of 12,850 shares sold in multiple transactions at prices ranging from $22.87 to $22.95 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.