Form 4 for LITE Lumentum
Accepted 2023-08-25 00:00:00 ET · period of report 2023-08-23 · accession 0001209191-23-047394 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-08-25 | 2023-08-23+ | LITE | LOWE ALAN S | CEO, Dir | A - Grant | $0.00 | +99.5K | 248.0K | +67% | $0 |
| 2023-08-25 | 2023-08-24 | LITE | LOWE ALAN S | CEO, Dir | F - Tax | $52.12 | -12.2K | 239.7K | -5% | -$637.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-24 | A | A | 3,887 | $0.00 | 251,913 | D | — | — | (F2) Represents the acquisition of shares upon the determination of the Board of Directors of the Issuer that certain performance conditions were met with respect to certain performance stock units (PSUs) granted to the Reporting Person on August 24, 2022. |
| 2 | Common | Common Stock | 2023-08-23 | A | A | 95,582 | $0.00 | 248,026 | D | — | — | (F1) These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, following vesting, one share of the Issuer's Common Stock. 1/3 of the shares shall vest one year from the grant date, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter on the 15th of November, February, May and August, subject to the Reporting Person continuing to be an employee through each such date, or as provided under the Issuer's 2015 Equity Incentive Plan. |
| 3 | Common | Common Stock | 2023-08-24 | F | D | 12,232 | $52.12 | 239,681 | D | — | — |