SEC Form 4 · accession 0001214659-16-009665

EMCORE CORP · EMKR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Feb 16, 2016

Accepted (ET)

Feb 18, 2016 · 7:22 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 Stock^F1,F2	Feb 16, 2016	A	12,500	—	A	103,293	D
Common Stock	Feb 17, 2016	S	4,726	$5.08	D	98,567	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F3,F4	—	Feb 16, 2016	A	37,500	A	—	—	Emcore Common Stock	37,500	37,500	D

F1These shares were issued as part of a 50,000 restricted stock unit grant under the Company's 2012 Equity Incentive Plan in a transaction exempt from Section 16b pursuant to Rule 16b-3(d). This entry represents a portion of the total grant of restricted stock units that vested immediately and was settled in common stock on the grant date.
F2The shares of common stock were awarded to the Reporting Person for no cash or other similar consideration.
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.
F4Vests in three equal annual installments commencing on February 16, 2017. Not later than 30 days after vesting occurs, vested shares of Emcore common stock, an amount in cash equal to their fair market value or a combination of the two will be delivered to the Reporting Person.
F5The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.