Iain Black - Apr 4, 2023 Form 4 Insider Report for EMCORE CORP (EMKR)

Role: SVP, Operations
Signature: Ryan Hochgesang, attorney in fact
Stock symbol: EMKR
Transactions as of: Apr 4, 2023
Transactions value $: -$1,131
Form type: 4
Date filed: 4/6/2023, 04:19 PM
Previous filing: Mar 27, 2023
Next filing: Jun 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMKR	Common Stock	Options Exercise		+2.5K	+2.31%		111K	Apr 4, 2023	Direct	F1
transaction	EMKR	Common Stock	Tax liability	-$1.13K	-1.02K	-0.92%	$1.11	110K	Apr 4, 2023	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		-2.5K	-100%		0	Apr 4, 2023	Emcore Common Stock	2.5K		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 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 April 4, 2019, the reporting person was granted 10,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date