SEC Form 4 · accession 0001214659-16-012258
EMCORE CORP · EMKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jikun Kim
Officer — Chief Financial Officer
Period of report
Jun 20, 2016
Accepted (ET)
Jun 20, 2016 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000808326
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Jun 20, 2016 | A | 150,000 | A | — | — | Emcore Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Each 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.
- F2Vests in five equal annual installments commencing on June 20, 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.
- F3The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.