Filing Details

Accession Number:
0001214659-17-001272
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-21 14:52:32
Reporting Period:
2017-02-16
Filing Date:
2017-02-21
Accepted Time:
2017-02-21 14:52:32
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
1628825 Jeffrey Rittichier 2015 W. Chestnut Street
Alhambra CA 91803
Chief Executive 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 2017-02-16 16,265 $0.00 212,422 No 4 A Direct
Common Stock Disposition 2017-02-17 6,237 $10.00 206,185 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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 Acquisiton 2017-02-16 16,265 $0.00 16,265 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,530 No 4 M Direct
Footnotes
  1. This amount originally represented 12,500 restricted stock units. The number of restricted stock units was subsequently adjusted, pursuant to the terms of the Issuer's 2012 Equity Incentive Plan, to reflect the effect of an equitable and proportional adjustment made in connection with a special cash dividend paid by the Issuer on July 29, 2016.
  2. The shares of common stock were awarded to the Reporting Person for no cash or other similar considerations.
  3. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the restricted stock units reported herein. This sale was mandated by the Issuer under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
  4. Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $10.00 to $10.005 per share. The Reporting Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  5. 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.
  6. This amount originally represented 12,500 restricted stock units. The number of restricted stock units was subsequently adjusted, pursuant to the terms of the Issuer's 2012 Equity Incentive Plan, to reflect the effect of an equitable and proportional adjustment made in connection with a special cash dividend paid by the Issuer on July 29, 2016.
  7. 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.
  8. The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.