Thomas P. Minichiello - Aug 26, 2021 Form 4 Insider Report for EMCORE CORP (EMKR)

Role
Chief Financial Officer
Signature
Ryan Hochgesang, attorney in fact
Stock symbol
EMKR
Transactions as of
Aug 26, 2021
Transactions value $
-$65,010
Form type
4
Date filed
8/27/2021, 04:08 PM
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMKR Common Stock Options Exercise +25K +49.65% 75.4K Aug 26, 2021 Direct F1, F2
transaction EMKR Common Stock Tax liability -$65K -8.65K -11.47% $7.52* 66.7K Aug 26, 2021 Direct F3

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 -25K -33.33% 50K Aug 26, 2021 Emcore Common Stock 25K Direct F1, F4, F5
* 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 The total number of securities beneficially owned by the reporting person has been updated to reflect only those number of restricted stock units that were previously reported in Table I, together with all other shares of the Issuer's common stock beneficially owned by the reporting person. All unvested restricted stock units previously reported in Table II are not included in the total number of securities beneficially owned by the reporting person, and will only be included at the time such restricted stock units vest in the future.
F3 Represents 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.
F4 Each 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.
F5 On August 26, 2019, the reporting person was granted 100,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date