Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LITE | Common Stock | Award | $0 | +18.3K | +50.25% | $0.00 | 54.6K | Aug 23, 2023 | Direct | F1 |
transaction | LITE | Common Stock | Award | $0 | +1.19K | +2.17% | $0.00 | 55.8K | Aug 24, 2023 | Direct | F2 |
transaction | LITE | Common Stock | Tax liability | -$133K | -2.56K | -4.59% | $52.12 | 53.3K | Aug 24, 2023 | Direct | F3 |
Id | Content |
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F1 | These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, following vesting, one share of the Issuer's Common Stock. 1/3 of the shares shall vest one year from the grant date, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter on the 15th of November, February, May and August, subject to the Reporting Person continuing to be an employee through each such date, or as provided under the Issuer's 2015 Equity Incentive Plan. |
F2 | Represents the acquisition of shares upon the determination of the Board of Directors of the Issuer that certain performance conditions were met with respect to certain performance stock units (PSUs) granted to the Reporting Person on August 24, 2022. |
F3 | Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of RSUs and PSUs . |