Timothy Storrs Jenks - Jul 30, 2022 Form 4 Insider Report for NEOPHOTONICS CORP (NPTN)

Role
CEO, Director
Signature
By: /s/ Barbara Rogan For: Timothy S. Jenks
Stock symbol
NPTN
Transactions as of
Jul 30, 2022
Transactions value $
-$111,450
Form type
4
Date filed
8/2/2022, 05:55 PM
Previous filing
Jul 27, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NPTN Common Stock Options Exercise $0 +6.67K +1.46% $0.00 463K Jul 30, 2022 Direct
transaction NPTN Common Stock Options Exercise $0 +25K +5.39% $0.00 488K Jul 30, 2022 Direct
transaction NPTN Common Stock Disposed to Issuer -$111K -6.97K -1.43% $15.99 481K Aug 2, 2022 Direct F1
holding NPTN Common Stock 3.08K Jul 30, 2022 As Trustee
holding NPTN Common Stock 32.5K Jul 30, 2022 Trustee- CLAT F2
holding NPTN Common Stock 3.2K Jul 30, 2022 Trustee-Family Trust
holding NPTN Common Stock 32.5K Jul 30, 2022 Trustee-Spouse CLAT F3
holding NPTN Common Stock 3.8K Jul 30, 2022 by Trust F4

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 -6.67K -100% $0.00* 0 Jul 30, 2022 Common Stock 6.67K $0.00 Direct F5, F6
transaction NPTN Restricted Stock Units (right to acquire) Options Exercise $0 -25K -50% $0.00 25K Jul 30, 2022 Common Stock 25K $0.00 Direct F5, F7
* 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 Represents shares held by Timothy S. Jenks in a Charitable Lead Annuity Trust dated April 28, 2022.
F3 Represents shares held by Atsuko K. Jenks in a Charitable Lead Annuity Trust dated April 28, 2022.
F4 Represents shares held by Timothy S. Jenks and Atsuko K. Jenks Declaration of Trust dated January 7, 1996.
F5 Each restricted stock unit represents a contingent right to receive one share of NeoPhotonics common stock.
F6 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.
F7 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.