Chiyue Cheung - 04 Jun 2021 Form 4 Insider Report for NEOPHOTONICS CORP

Role: Chief Operating Officer
Signature: By: /s/ Barbara Rogan, Attorney-in-fact For: Chi Yue Raymond Cheung
Issuer symbol: N/A
Transactions as of: 04 Jun 2021
Net transactions value: -$151,455
Form type: 4
Filing time: 08 Jun 2021, 18:01:39 UTC
Next filing: 06 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NPTN	Common Stock	Options Exercise	$0	+14,400		$0.000000	14,400	04 Jun 2021	Direct
transaction	NPTN	Common Stock	Sale	$151,455	-14,400	-100%	$10.52	0	07 Jun 2021	Direct	F1

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	NPTN	Restricted Stock Units (right to acquire)	Options Exercise	$0	-14,400	-100%	$0.000000^*	0	04 Jun 2021	Common Stock	14,400	$0.000000	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	In accordance with the State Administration of Foreign Exchange in China, shares acquired by Chinese national employees through an award granted under the Company's 2010 EIP Plan are subject to immediate sale.
F2	Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
F3	These restricted stock units are scheduled to vest 30% on June 4, 2019, 30% on June 4, 2020 and 40% on June 4, 2021, so long as the person remains an employee of or consultant to the Company or its qualifying subsidiaries. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.