SEC Form 4 · accession 0001214659-17-007524
EMCORE CORP · EMKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Rittichier
Officer — Chief Executive Officer · Director
Period of report
Dec 28, 2017
Accepted (ET)
Dec 29, 2017 · 4:39 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units (PSUs)F1,F3,F2 | — | Dec 28, 2017 | A | 40,000 | A | — | — | Emcore Common Stock | 40,000 | 73,333 | D |
| Restricted Stock UnitsF6,F4,F5 | — | Dec 28, 2017 | A | 40,000 | A | — | — | Emcore Common Stock | 40,000 | 214,466 | D |
Explanation of responses
- F1Each PSU represents a contingent right to receive one share of EMCORE common stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The aggregate number of shares issued may range from zero (0) to 200% of the target number of shares reported in column 7 of this report.
- F2Between zero (0) and 200% of the PSUs will vest, if at all, on December 28, 2020.
- F3The PSUs were awarded to the Reporting Person for no cash or other similar consideration.
- F4Each restricted stock unit represents a contingent right to receive one share of EMCORE common stock.
- F5Vests in four equal annual installments commencing on December 28, 2018.
- F6The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.