Filing Details

Accession Number:
0001214659-16-008773
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-01-08 06:04:04
Reporting Period:
2016-01-05
Filing Date:
2016-01-08
Accepted Time:
2016-01-08 06:04:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
808326 Emcore Corp EMKR Semiconductors & Related Devices (3674) 222746503
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1265677 Mark Weinswig C/O Emcore Corporation
2015 W. Chestnut Street
Alhambra CA 91803
Chief Financial Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-01-05 12,500 $0.00 92,306 No 4 M Direct
Common Stock Disposition 2016-01-06 5,504 $5.77 86,802 No 4 S Direct
Common Stock Disposition 2016-01-06 163 $5.78 86,639 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Emcore Common Stock Restricted Stock Units Disposition 2016-01-05 12,500 $0.00 12,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 No 4 M Direct
Footnotes
  1. Each restricted stock unit represented a contingent right to receive one share of Emcore common stock. Restricted stock units were payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two. On January 5, 2016, the Issuer settled the restricted stock units in common stock.
  2. All sales were effected pursuant to a 10b5-1 plan previously adopted by the Reporting Person to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units that were granted under the Company's 2012 Equity Incentive Plan, which grant was exempt from Section 16b pursuant to Rule 16b-3(d).
  3. Each restricted stock unit represents a contingent right to receive one share of Emcore common stock. Restricted stock units are payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two.
  4. 12,500 restricted stock units vested on January 5, 2016.
  5. The remaining unvested restricted stock units vest in two equal annual installments commencing on January 1, 2017. Not later than 30 days after vesting occurs, vested shares of Emcore common stock, an amount in cash equal to their fair market value or a combination of the two will be delivered to the Reporting Person.
  6. The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.