Chiyue cheung - Jul 30, 2021 Form 4 Insider Report for NEOPHOTONICS CORP (NPTN)

Role
Chief Operating Officer
Signature
By: /s/ Barbara Rogan, Attorney-in-fact For: Chi Yue Raymond Cheung
Stock symbol
NPTN
Transactions as of
Jul 30, 2021
Transactions value $
-$238,464
Form type
4
Date filed
8/3/2021, 06:23 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 +2.67K $0.00 2.67K Jul 30, 2021 Direct
transaction NPTN Common Stock Options Exercise $0 +10K +374.95% $0.00 12.7K Jul 30, 2021 Direct
transaction NPTN Common Stock Sale -$25.1K -2.67K -21.05% $9.41 10K Aug 2, 2021 Direct F1
transaction NPTN Common Stock Sale -$94.1K -10K -100% $9.41 0 Aug 2, 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 -$25.1K -2.67K -50.01% $9.41 2.67K Jul 30, 2021 Common Stock 2.67K $0.00 Direct F2, F3
transaction NPTN Restricted Stock Units (right to acquire) Options Exercise -$94.1K -10K -33.33% $9.41 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 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.