Key facts
- This page summarizes Albert Lu's Form 4 filing for EMCORE CORP.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 27 Apr 2022, 16:09.
Albert Lu - 25 Apr 2022 Form 4 Insider Report for EMCORE CORP
- Reporting relationship
- SVP & GM, Aerospace & Defense
- Issuer ticker
- N/A
- Reported as of
- 25 Apr 2022
- Net transaction value
- -$9,782
- SEC form
- 4
- Accepted by SEC
- 27 Apr 2022, 16:09:07 UTC
- Prior SEC filing
- 05 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- Ryan Hochgesang, attorney in fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Albert Lu filed Form 4 for EMCORE CORP on 27 Apr 2022.
Change
- Previous filing in this sequence was filed on 05 Apr 2022.
- Current net transaction value: -$9,782.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
EMKR
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +7,696
- Change %
- +11%
- Price
- Shares after
- 75,276
- Date
- 25 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2
EMKR
transaction
Common Stock
Tax liability
- Transaction value
- $9,782
- Shares
- -2,811
- Change %
- -3.7%
- Price
- $3.48
- Shares after
- 72,465
- Date
- 25 Apr 2022
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EMKR
transaction
Derivative
Performance-Based Restricted Stock Units (PSUs)
Options Exercise
- Transaction value
- Shares
- -20,000
- Change %
- -8.3%
- Price
- Shares after
- 221,135
- Date
- 25 Apr 2022
- Ownership
- Direct
- Underlying class
- Emcore Common Stock
- Underlying amount
- 20,000
- Exercise price
- Footnotes
- F2, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents shares of Issuer common stock subject to an award of performance-based restricted stock units ("PSUs") that vests based on the Issuer's total shareholder return ("TSR") compared to pre-established TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The Compensation Committee determined on April 25, 2022 that the number of PSUs earned was 38.48% of the target number of PSUs subject to the second tranche of the award.
Footnote F2
The PSUs were awarded to the Reporting Person for no cash or other similar consideration.
Footnote F3
Represents the number of shares required to be withheld in accordance with Rule 16b-3 to cover the Reporting Person's tax withholding obligations in connection with the vesting of the PSUs reported herein.
Footnote F4
Each PSU represented a contingent right to receive one share of the Issuer's common stock, based on the Issuer's TSR compared to pre-established relative TSR goals, based on the TSR of the Russell Microcap Index, that were set by the Compensation Committee of the Board of Directors. The aggregate number of shares issued may range from zero (0) to 200% of the target number of shares granted.
Footnote F5
PSUs that become vested and nonforfeitable are paid in shares of Common Stock as soon as practicable following the vesting date.