Chiyue Cheung - 30 Jul 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
30 Jul 2021
Net transactions value
-$238,464
Form type
4
Filing time
03 Aug 2021, 18:23:30 UTC
Previous filing
22 Jul 2021
Next filing
08 Nov 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 +2,667 $0.000000 2,667 30 Jul 2021 Direct
transaction NPTN Common Stock Options Exercise $0 +10,000 +375% $0.000000 12,667 30 Jul 2021 Direct
transaction NPTN Common Stock Sale $25,104 -2,667 -21% $9.41 10,000 02 Aug 2021 Direct F1
transaction NPTN Common Stock Sale $94,128 -10,000 -100% $9.41 0 02 Aug 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 $25,104 -2,667 -50% $9.41 2,666 30 Jul 2021 Common Stock 2,667 $0.000000 Direct F2, F3
transaction NPTN Restricted Stock Units (right to acquire) Options Exercise $94,128 -10,000 -33% $9.41 20,000 30 Jul 2021 Common Stock 10,000 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 According to the Company's registration 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 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.