Filing Details

Accession Number:
0001225208-10-026678
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-09 17:40:25
Reporting Period:
2010-12-07
Filing Date:
2010-12-09
Accepted Time:
2010-12-09 17:40:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1094739 Finisar Corp FNSR Semiconductors & Related Devices (3674) 943038428
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1378818 Eitan Gertel 1389 Moffett Park Drive
Sunnyvale CA 94089-1134
Ceo Yes 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 Disposition 2010-12-07 50,000 $23.86 433,259 No 4 S Direct
Common Stock Disposition 2010-12-08 1,020 $23.99 432,239 No 4 F Direct
Common Stock Disposition 2010-12-09 25,000 $24.50 407,239 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan adopted by the reporting person on October 11, 2010.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.52 to $24.41 inclusive. The reporting person undertakes to provide to Finisar Corporation, any security holder of Finisar Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
  3. On Dec 8, 2010, the Reporting Person vested in 3,331 restricted stock units ("RSUs") and as a result acquired 3,331 shares of common stock of the Issuer pursuant to the Reporting Person's December 8, 2009 grant of RSUs. This Form 4 reports the disposition of shares withheld by the Issuer pursuant to the RSUs' grant agreement in order to satisfy the Reporting Person's withholding obligations for various taxes due upon the vesting of the RSUs. The Issuer will pay the taxes on behalf of the Reporting Person.