SEC Form 4 · accession 0001213184-16-000070
NEWPORT CORP · NEWP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B Coyne
Officer — Sr. VP, General Counsel & Sec.
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 8:01 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 StockF2 | Mar 31, 2016 | F | 6,648 | $23.00 | D | 90,207 | D | |
| Common StockF3 | holding | — | — | — | 17,971 | I | Held in family trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares have been withheld in satisfaction of reporting person's tax withholding obligations resulting from the vesting of restricted stock units, which had been awarded to reporting person in 2013, 2014 and 2015 in accordance with Rule 16b-3(d).
- F2Price reflects the per share value of the shares withheld based on the closing price of the issuer's common stock on the vesting date.
- F3Shares are held by reporting person as trustee of a family trust.