SEC Form 4 · accession 0001214659-17-007358
EMCORE CORP · EMKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Lu
Officer — Sr. V.P. of Engineering
Period of report
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 6:52 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 | Dec 14, 2017 | M | 2,118 | — | A | 8,963 | D | |
| Common StockF2 | Dec 15, 2017 | S$0 | 806 | — | D | 8,157 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs)F1,F3,F4 | — | Dec 14, 2017 | M | 2,118 | D | — | — | Emcore Common Stock | 2,118 | 15,460 | D |
Explanation of responses
- F1The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.
- F2Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $6.36 to $6.45 per share. The Reporting Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F3Each 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.
- F4Not 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.