Jeffrey Rittichier - Mar 11, 2022 Form 4 Insider Report for EMCORE CORP (EMKR)

Role
Chief Executive Officer, Director
Signature
/s/ Ryan Hochgesang, attorney in fact
Stock symbol
EMKR
Transactions as of
Mar 11, 2022
Transactions value $
$0
Form type
4
Date filed
3/15/2022, 04:08 PM
Previous filing
Dec 29, 2021
Next filing
Mar 24, 2022

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 Performance-Based Restricted Stock Units (PSUs) Award $0 +405K $0.00 405K Mar 11, 2022 Emcore Common Stock 405K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each PSU represents a contingent right to receive one share of EMCORE common stock, based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The aggregate number of shares issued may range from zero (0) to 200% of the target number of shares reported in column 7 of this report.
F2 Between zero (0) and 200% of the PSUs will vest, if at all, on March 10, 2025, subject to the Reporting Person's continued service with the Issuer through such date.
F3 The PSUs were awarded to the Reporting Person for no cash or other similar consideration.