Elizabeth Eby - Jul 30, 2021 Form 4 Insider Report for NEOPHOTONICS CORP (NPTN)

Role
SVP, CFO, SVP, CFO
Signature
By: /s/ Barbara Rogan, Attorney-in-fact For: Elizabeth Lynne Eby
Stock symbol
NPTN
Transactions as of
Jul 30, 2021
Transactions value $
-$60,926
Form type
4
Date filed
8/3/2021, 06:08 PM
Previous filing
Jul 22, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NPTN Common Stock Options Exercise $0 +2.67K +0.7% $0.00 382K Jul 30, 2021 Direct
transaction NPTN Common Stock Disposed to Issuer -$12.8K -1.32K -0.35% $9.70 381K Jul 30, 2021 Direct F1
transaction NPTN Common Stock Options Exercise $0 +10K +2.63% $0.00 391K Jul 30, 2021 Direct
transaction NPTN Common Stock Disposed to Issuer -$48.1K -4.96K -1.27% $9.70 386K Jul 30, 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 -2.67K -50.01% $0.00 2.67K Jul 30, 2021 Common Stock 2.67K $0.00 Direct F2, F3
transaction NPTN Restricted Stock Units (right to acquire) Options Exercise $0 -10K -33.33% $0.00 20K Jul 30, 2021 Common Stock 10K $0.00 Direct F2, F4
* 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 Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
F3 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.
F4 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.