SEC Form 4 · accession 0001214659-15-000181
EMCORE CORP · EMKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Monica Van Berkel
Officer — Chief Admin. Officer
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 7:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000808326
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2015 | M | 10,000 | — | A | 38,568 | D | |
| Common StockF1 | Jan 2, 2015 | M | 40,000 | — | A | 78,568 | D | |
| Common StockF2 | holding | — | — | — | 10,927 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F3,F4 | — | Jan 2, 2015 | M | 10,000 | D | — | — | Common Stock | 10,000 | 0 | D |
| Restricted Stock UnitsF5,F3,F4 | — | Jan 2, 2015 | M | 40,000 | D | — | — | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Emcore common stock. Restricted stock units were payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two. On January 2, 2015, the Issuer settled the restricted stock units in common stock.
- F2Shares attributable to EMCORE Corporation 401(k) account as of December 30, 2014.
- F3Each restricted stock unit represents a contingent right to receive one share of Emcore common stock. Restricted stock units are payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two.
- F4On December 10, 2014, the Reporting Person and the Issuer entered into a Separation Agreement and General Release. Pursuant to the terms of the Separation Agreement and General Release, all of the Reporting Person's outstanding equity awards accelerated and vested on January 2, 2015.
- F5The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.