Wajid Ali - 12 Aug 2022 Form 4 Insider Report for Lumentum Holdings Inc. (LITE)

Signature
/s/ Judy G. Hamel as Attorney-in-Fact
Issuer symbol
LITE
Transactions as of
12 Aug 2022
Net transactions value
-$311,271
Form type
4
Filing time
16 Aug 2022, 18:33:54 UTC
Previous filing
17 May 2022
Next filing
19 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LITE Common Stock Award $0 +17,420 +46% $0.000000 55,137 12 Aug 2022 Direct F1
transaction LITE Common Stock Tax liability $311,271 -3,236 -5.9% $96.19 51,901 15 Aug 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of performance stock units (PSUs) upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to PSUs granted to the Reporting Person on November 13, 2019. 100% of the shares will vest on August 22, 2022.
F2 Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of restricted stock units and performance stock units.