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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $ 0 | 08/15/2015 | A | 152,634 | (1) | (2) | Common Stock | 152,634 | $ 0 | 152,634 | D | ||||
Performance Stock Units | $ 0 | 08/15/2015 | A | 36,927 (3) | (3) | (4) | Common Stock Units | 36,927 | $ 0 | 36,927 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LOWE ALAN S C/O LUMENTUM 400 NORTH MCCARTHY BLVD MILPITAS, CA 95035 |
X | CEO and President |
/s/ Judy G Hamel as Attorney-in-Fact | 08/18/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Granted August 15, 2015, this restricted stock unit grant vests over three years, with 33% vesting on the first anniversary of the grant date and the remaining shares vesting quarterly in eight equal installments over the following two years. |
(2) | Restricted Stock Units have no expiration date. |
(3) | One hundred percent (100%) of the RSUs will be earned based on achievement against an organic revenue growth target for fiscal 2016, with one third of the earned RSUs vesting on each of the first three (3) anniversaries of the grant date, or fifty percent (50%) of the RSUs will be earned based on achievement against an organic revenue growth target for fiscal 2017 (and not fiscal 2016), with fifty percent (50%) of the earned RSUs vesting on each of the second and third anniversaries of the grant date. |
(4) | Performance Stock Units have no expiration date. |