Penny Herscher - Nov 18, 2024 Form 4 Insider Report for Lumentum Holdings Inc. (LITE)

Role
Director
Signature
/s/ Jae Kim as Attorney-in-Fact
Stock symbol
LITE
Transactions as of
Nov 18, 2024
Transactions value $
-$176,160
Form type
4
Date filed
11/20/2024, 07:18 PM
Previous filing
Feb 13, 2024
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LITE Common Stock Sale -$59.8K -741 -8.74% $80.69 7.74K Nov 18, 2024 Direct F1, F2
transaction LITE Common Stock Sale -$72K -884 -11.43% $81.43 6.85K Nov 18, 2024 Direct F1, F3
transaction LITE Common Stock Sale -$10.1K -126 -1.84% $80.26 6.73K Nov 19, 2024 Direct F1, F4
transaction LITE Common Stock Sale -$4.4K -54 -0.8% $81.43 6.67K Nov 19, 2024 Direct F1, F5
transaction LITE Common Stock Sale -$29.9K -362 -5.43% $82.52 6.31K Nov 19, 2024 Direct F1, F6
holding LITE Common Stock 39.4K Nov 18, 2024 Living Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 20, 2024.
F2 These sales were executed in multiple trades at prices ranging from $80.20 to $81.185. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these sales were effected, upon request, to the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
F3 These sales were executed in multiple trades at prices ranging from $81.285 to $81.95. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these sales were effected, upon request, to the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
F4 These sales were executed in multiple trades at prices ranging from $79.68 to $80.545. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these sales were effected, upon request, to the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
F5 These sales were executed in multiple trades at prices ranging from $81.265 to $81.60. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these sales were effected, upon request, to the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
F6 These sales were executed in multiple trades at prices ranging from $82.295 to $82.77. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these sales were effected, upon request, to the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer.
F7 These shares are held by Bret Anders Herscher and Penelope Ann Herscher TTEES 2001 Herscher Family Trust U/A/D 6/14/2001.