Filing Details

Accession Number:
0001124796-20-000127
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-19 21:26:01
Reporting Period:
2020-08-17
Accepted Time:
2020-08-19 21:26:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1124796 Nlight Inc. LASR Semiconductors & Related Devices (3674) 912066376
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1468711 Ran Bareket 5408 Ne 88Th Street
Building E
Vancouver WA 98665
Chief Financial Officer 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 2020-08-17 24,000 $0.00 168,420 No 4 A Direct
Common Stock Disposition 2020-08-17 4,606 $24.62 163,814 No 4 F Direct
Common Stock Acquisiton 2020-08-18 12,500 $9.70 176,314 No 4 X Direct
Common Stock Disposition 2020-08-18 12,500 $24.21 163,814 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2020-08-18 12,500 $0.00 12,500 $9.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
132,191 2028-02-17 No 4 X Direct
Footnotes
  1. Vesting of performance restricted stock awards (PRSAs) issued in 2018, and total achievement at 120% as of June 30, 2020 performance measurement date. PRSAs vesting schedule as follows: 50% of total achievement on August 17, 2020 and remaining 50% on August 17, 2021.
  2. Includes vested and unvested awards of restricted stock.
  3. Shares withheld to cover tax liability in connection with the vesting of performance restricted stock awards reported above. These shares were not issued to or sold by the reporting person.
  4. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  5. The reported transaction involves sale transactions from $23.85 to $24.82 per share. The weighted average price per share was $24.21. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer information regarding the number of shares sold at each separate price.
  6. Twenty percent (20%) of the shares subject to the option vested on January 4, 2019, and one-twentieth (1/20th) of the shares subject to the option shall vest at the end of each quarter thereafter, for a period of four years, subject to optionee continuing to be a service provider on such dates such that the option shall be fully vested on the fifth anniversary of the date of grant.