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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1110647	Oclaro Inc.	OCLR	Semiconductors & Related Devices (3674)	201303994

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1419484	Scott Parker	2584 Junction Avenue San Jose CA 95134	Exec. V Pres. Sales & Marcom	No	Yes	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	2010-11-27	1,990	$0.05	27,223	No	4	A	Direct
Common Stock	Disposition	2010-12-03	645	$11.01	26,578	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Footnotes

Represents shares deemed acquired by the Report Person pursuant to a Restricted Stock Unit granted by the Issuer on December 21, 2007. The Restricted Stock Unit vests 50% on November 27, 2010 and 50% on November 27, 2011.
The cost per Restricted Stock Unit that must be paid to the Issuer at vest of the Restricted Stock Unit.
On November 27, 2010 the Reporting Person vested in 1,990 Restricted Stock Units, and as a result of the vesting acquired 1,990 shares of Common Stock of the Issuer pursuant to the Reporting Person's December 21, 2007 grant of RSUs. This Form 4 reports the sale of 645 shares by the Issuer to satisfy the Reporting Person's various tax obligations pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2009. The Issuer will pay the taxes on behalf of the Reporting Person.
The price range for sales of these shares was between $11.0100 to $11.0200. Upon appropriate request, the Reporting Person will provide full information regarding the number of shares sold at each separate price.