Jason Reinhardt - Aug 23, 2023 Form 4 Insider Report for Lumentum Holdings Inc. (LITE)

Role
EVP, General Manager
Signature
/s/ Judy G. Hamel as Attorney-in-Fact
Stock symbol
LITE
Transactions as of
Aug 23, 2023
Transactions value $
-$127,538
Form type
4
Date filed
8/25/2023, 05:57 PM
Previous filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction LITE Common Stock +Grant/Award $0 +24,364 +25.82% $0.00 118,733 Aug 23, 2023 Direct F1
transaction LITE Common Stock +Grant/Award $0 +1,384 +1.17% $0.00 120,117 Aug 24, 2023 Direct F2
transaction LITE Common Stock -Tax liability -$127,538 -2,447 -2.04% $52.12 117,670 Aug 24, 2023 Direct F3

Explanation of Responses:

Id Content
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.