Timothy Storrs Jenks - Nov 15, 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
Nov 15, 2021
Transactions value $
$569,097
Form type
4
Date filed
11/17/2021, 03:51 PM
Previous filing
Nov 8, 2021
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NPTN Common Stock Options Exercise $100K +12.4K +2.76% $8.07 462K Nov 15, 2021 Direct F1
transaction NPTN Common Stock Options Exercise $100K +8.15K +1.77% $12.27 470K Nov 15, 2021 Direct F1
transaction NPTN Common Stock Options Exercise $200K +26.3K +5.61% $7.59 496K Nov 15, 2021 Direct F1
transaction NPTN Common Stock Options Exercise $169K +51.2K +10.33% $3.30 547K Nov 15, 2021 Direct F1
holding NPTN Common Stock 3.08K Nov 15, 2021 As Trustee
holding NPTN Common Stock 3.2K Nov 15, 2021 Trustee-Family Trust
holding NPTN Common Stock 3.8K Nov 15, 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 Incentive Stock Option (right to buy) Options Exercise $0 -51.2K -100% $0.00* 0 Nov 15, 2021 Common Stock 51.2K $3.30 Direct F3
transaction NPTN Incentive Stock Option (right to buy) Options Exercise $0 -26.3K -100% $0.00* 0 Nov 15, 2021 Common Stock 26.3K $7.59 Direct F4
transaction NPTN Incentive Stock Option (right to buy) Options Exercise $0 -12.4K -100% $0.00* 0 Nov 15, 2021 Common Stock 12.4K $8.07 Direct F5
transaction NPTN Incentive Stock Option (right to buy) Options Exercise $0 -8.15K -100% $0.00* 0 Nov 15, 2021 Common Stock 8.15K $12.27 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a cash exercise.
F2 Represents shares held by Timothy S. Jenks and Atsuko K. Jenks Declaration of Trust dated January 7, 1996.
F3 50% of the Option Shares shall vest on the one-year anniversary of the Vesting Commencement Date, and the remaining will vest quarterly over the next year, so long as the optionee remains an employee of or consultant to the Company or its qualifying subsidiaries.
F4 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.
F5 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.
F6 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.