Filing Details

Accession Number:
0001214659-13-004906
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-26 19:32:41
Reporting Period:
2013-08-22
Filing Date:
2013-08-26
Accepted Time:
2013-08-26 19:32:41
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
1511187 Monica Berkel Van 10420 Research Road, Se
Albuquerque NM 87123
Chief Admin. 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 2013-08-22 3,750 $0.00 24,437 No 4 M Direct
Common Stock Disposition 2013-08-23 1,417 $3.84 23,020 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2013-08-22 3,750 $0.00 3,750 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,750 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,464 Indirect By 401(k) Plan
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 August 22, 2013, the Issuer settled the restricted stock units in common stock.
  2. Includes 5,000 shares of restricted stock granted under the Company's 2010 Equity Incentive Plan, vesting on January 28, 2014.
  3. 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 shares of restricted stock that were granted under the Company's 2010 Equity Incentive Plan, which grant was exempt from Section 16b pursuant to Rule 16b-3(d).
  4. Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $3.83 to $3.84 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. Shares attributable to EMCORE Corporation 401(k) account as of June 30, 2013.
  6. 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.
  7. 3,750 restricted stock units vested on August 22, 2013.
  8. Remaining unvested restricted stock units vest on August 22, 2014. 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 both will be delivered to the Reporting Person.
  9. The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.