| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NPTN | Common Stock | Options Exercise | $0 | +19.5K | +3.59% | $0.00 | 562K | Jul 1, 2021 | Direct | |
| transaction | NPTN | Common Stock | Disposed to Issuer | -$98.7K | -9.67K | -1.72% | $10.21 | 553K | Jul 1, 2021 | Direct | F1 |
| transaction | NPTN | Common Stock | Options Exercise | $0 | +13K | +2.35% | $0.00 | 566K | Jul 1, 2021 | Direct | |
| transaction | NPTN | Common Stock | Disposed to Issuer | -$65.8K | -6.45K | -1.14% | $10.21 | 559K | Jul 1, 2021 | Direct | F1 |
| holding | NPTN | Common Stock | 3.08K | Jul 1, 2021 | As Trustee | ||||||
| holding | NPTN | Common Stock | 3.2K | Jul 1, 2021 | Trustee-Family Trust | ||||||
| holding | NPTN | Common Stock | 3.8K | Jul 1, 2021 | by Trust | F2 |
| 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 | -19.5K | -30% | $0.00 | 45.5K | Jul 1, 2021 | Common Stock | 19.5K | $0.00 | Direct | F3, F4 |
| transaction | NPTN | Restricted Stock Units (right to acquire) | Options Exercise | $0 | -13K | -28.57% | $0.00 | 32.5K | Jul 1, 2021 | Common Stock | 13K | $0.00 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the reporting person. |
| F2 | Represents shares held by Timothy S. Jenks and Atsuko K. Jenks Declaration of Trust dated January 7, 1996. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock. |
| F4 | These restricted stock units are scheduled to vest 25% of the underlying shares on July 1, 2019, 25% on July 1, 2020, 25% on July 1, 2021 and 25% on July 1, 2022, so long as the person remains an employee of or consultant to the Company or its qualifying subsidiaries and additionally subject to achievement of the performance conditions described in the next sentence. In addition to the foregoing time-based vesting conditions, these restricted stock units will vest if the 30-day weighted average closing price of the Company's common stock is equal to or greater than certain price targets per share (30% of the shares upon a $10 price target, 30% upon an $11 price target and 40% upon a $12 price target). Both the time-based vesting and the performance condition must be met for vesting of the applicable shares. 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. |