Timothy Storrs Jenks - Jul 30, 2021 Form 4 Insider Report for NEOPHOTONICS CORP (NPTN)

Role
CEO, Director
Signature
By: /s/ Barbara Rogan, Attorney-in-fact For: Timothy S. Jenks
Stock symbol
NPTN
Transactions as of
Jul 30, 2021
Transactions value $
-$120,232
Form type
4
Date filed
8/3/2021, 05:46 PM
Previous filing
Jul 22, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NPTN Common Stock Options Exercise $0 +6.67K +1.19% $0.00 566K Jul 30, 2021 Direct
transaction NPTN Common Stock Options Exercise $0 +25K +4.42% $0.00 591K Jul 30, 2021 Direct
transaction NPTN Common Stock Disposed to Issuer -$120K -12.4K -2.1% $9.70 578K Jul 30, 2021 Direct F1
holding NPTN Common Stock 3.08K Jul 30, 2021 As Trustee
holding NPTN Common Stock 3.2K Jul 30, 2021 Trustee-Family Trust
holding NPTN Common Stock 3.8K Jul 30, 2021 by Trust 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 NPTN Restricted Stock Units (right to acquire) Options Exercise $0 -6.67K -50% $0.00 6.67K Jul 30, 2021 Common Stock 6.67K $0.00 Direct F3, F4
transaction NPTN Restricted Stock Units (right to acquire) Options Exercise $0 -25K -33.33% $0.00 50K Jul 30, 2021 Common Stock 25K $0.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 The shares vest in three equal annual installments, 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.
F5 25% of the underlying shares shall vest on each year anniversary of the Vesting Commencement Dates, subject to the recipient's continued service through such date.