Iain Black - 08 Jun 2021 Form 4 Insider Report for EMCORE CORP

Role: SVP, Operations
Signature: Ryan Hochgesang, attorney in fact
Issuer symbol: N/A
Transactions as of: 08 Jun 2021
Net transactions value: -$21,829
Form type: 4
Filing time: 09 Jun 2021, 16:12:43 UTC
Next filing: 22 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMKR	Common Stock	Options Exercise		+6,250	+14%		51,552	08 Jun 2021	Direct	F1
transaction	EMKR	Common Stock	Tax liability	$21,829	-2,172	-4.2%	$10.05^*	49,380	08 Jun 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EMKR	Restricted Stock Units (RSUs)	Options Exercise		-6,250	-100%		0	08 Jun 2021	Emcore Common Stock	6,250		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.
F2	Represents the number of shares required to be withheld in accordance with the terms of the applicable restricted stock unit award agreement and Rule 16b-3 to cover the Reporting Person's tax withholding obligations in connection with the vesting of the restricted stock units reported herein.
F3	Each restricted stock unit represented a contingent right to receive one share of Emcore common stock.
F4	On June 8, 2017, the Reporting Person was granted 25,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.