Chiyue Cheung - 04 Nov 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: 04 Nov 2021
Net transactions value: -$1,914,760
Form type: 4
Filing time: 08 Nov 2021, 17:24:26 UTC
Previous filing: 03 Aug 2021
Next filing: 10 Dec 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	$368,100	+30,000		$12.27	30,000	04 Nov 2021	Direct
transaction	NPTN	Common Stock	Sale	$451,200	-30,000	-100%	$15.04	0	04 Nov 2021	Direct	F1
transaction	NPTN	Common Stock	Options Exercise	$250,470	+33,000		$7.59	33,000	04 Nov 2021	Direct
transaction	NPTN	Common Stock	Sale	$496,320	-33,000	-100%	$15.04	0	04 Nov 2021	Direct	F1
transaction	NPTN	Common Stock	Options Exercise	$234,030	+29,000		$8.07	29,000	04 Nov 2021	Direct
transaction	NPTN	Common Stock	Sale	$436,160	-29,000	-100%	$15.04	0	04 Nov 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	Non-Qualified Stock Option (right to buy)	Options Exercise	$496,320	-33,000	-100%	$15.04	0	04 Nov 2021	Common Stock	33,000	$7.59	Direct	F2
transaction	NPTN	Non-Qualified Stock Option (right to buy)	Options Exercise	$436,160	-29,000	-100%	$15.04	0	04 Nov 2021	Common Stock	29,000	$8.07	Direct	F3
transaction	NPTN	Non-Qualified Stock Option (right to buy)	Options Exercise	$451,200	-30,000	-100%	$15.04	0	04 Nov 2021	Common Stock	30,000	$12.27	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Sale pursuant to a trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2	50% of the Shares shall vest on the 18-month anniversary of the Vesting Commencement Date, 25% vest on the next 12-month anniversary of the Vesting Commencement Date, and the remaining 25% will vest on the next 6-month anniversary of the vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.
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.
F4	30% of the Shares shall vest on the first 12-month anniversary of the Vesting Commencement Date, 30% vest on the second 12-month anniversary of the Vesting Commencement Date, and the remaining 40% will vest on the third 12-month anniversary of the vesting Commencement Date, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.