Ran Bareket - 28 Jul 2021 Form 4 Insider Report for NLIGHT, INC. (LASR)

Role
Chief Financial Officer
Signature
/s/ Meredith Weisshaar, as attorney-in-fact
Issuer symbol
LASR
Transactions as of
28 Jul 2021
Net transactions value
-$351,085
Form type
4
Filing time
18 Aug 2021, 20:16:28 UTC
Previous filing
09 Jul 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LASR Common Stock Award $0 +46,881 +28% $0.000000 211,463 28 Jul 2021 Direct F1, F2
transaction LASR Common Stock Tax liability $234,474 -9,224 -4.4% $25.42 202,239 16 Aug 2021 Direct F2, F3
transaction LASR Common Stock Tax liability $116,611 -4,723 -2.3% $24.69 197,516 17 Aug 2021 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance restricted stock awards (PRSAs), which were granted in 2019 with vesting partially subject to achievement of performance conditions that were certified as having been met on July 28, 2021. The PRSAs remain subject to time-based vesting conditions and vested as to 50% on August 16, 2021 and will vest as to the remaining 50% on August 16, 2022, subject to the reporting person's continued service with us through such date.
F2 Includes vested and unvested awards of restricted stock.
F3 Shares withheld to cover tax liability in connection with the partial time-based vesting of the PRSAs reported in this Form 4. These shares were not issued to or sold by the reporting person.
F4 Shares withheld to cover tax liability in connection with the time-based vesting of PRSAs, the acquisition of which was previously reported. These shares were not issued to or sold by the reporting person.