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 | +101K | $0.00 | 101K | Mar 11, 2022 | Emcore Common Stock | 101K | Direct | F1, F2, F3 |
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. |