Filing Details
- Accession Number:
- 0001214659-13-001394
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-12 17:19:41
- Reporting Period:
- 2013-03-08
- Filing Date:
- 2013-03-12
- Accepted Time:
- 2013-03-12 17:19:41
- 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 |
|---|---|---|---|---|---|---|---|
| 1156899 | Q Hong Hou | 10420 Research Road, Se Albuquerque NM 87123 | Ceo & President | 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 | 2013-03-08 | 3,334 | $0.00 | 78,781 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-03-11 | 1,075 | $5.88 | 77,706 | 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 | 2013-03-08 | 3,334 | $0.00 | 3,334 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,666 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 7,730 | Indirect | By 401(k) Plan |
Footnotes
- 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 March 8, 2013, the Issuer settled the restricted stock units in common stock.
- Includes 12,500 shares of restricted stock granted under the Company's 2010 Equity Incentive Plan, vesting on January 28, 2014.
- 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).
- Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $5.86 to $5.88 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.
- Shares attributable to EMCORE Corporation 401(k) account as of December 31, 2012.
- 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.
- 3,334 restricted stock units vested on March 8, 2013.
- Remaining unvested restricted stock units vest in two equal annual installments commencing on March 8, 2013. 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.
- The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.
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