SEC Form 4 · accession 0001214659-18-000275
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
Jan 5, 2018
Accepted (ET)
Jan 8, 2018 · 5:44 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 5, 2018 | M | 97,590 | — | A | 366,007 | D | |
| Common StockF2 | Jan 5, 2018 | S | 49,422 | $7.05 | D | 316,585 | 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 | — | Jan 5, 2018 | M | 97,590 | D | — | — | Emcore Common Stock | 97,590 | 116,876 | D |
Explanation of responses
- F1The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.
- F2Represents the number of shares required to be withheld in accordance with Rule 16b-3 to cover the Reporting Person's tax withholding obligations in connection with the vesting of the restricted stock units reported herein.
- 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.
- F4RSUs that become vested and nonforfeitable are paid in shares of Common Stock as soon as practicable following the vesting date.