Iannelli John M. 4
4 · EMCORE CORP · Filed Jan 8, 2009
Insider Transaction Report
Form 4
EMCORE CORPEMKR
Iannelli John M.
Chief Technology Officer
Transactions
- Award
Employee Stock Option (right to buy)
2008-12-24+6,000→ 249,881 totalExercise: $2.89Exp: 2014-05-18→ Common Stock (6,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2008-12-24−6,000→ 243,881 totalExercise: $2.63Exp: 2014-05-18→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]The reporting person agreed to cancellation of an option granted on May 18, 2004, in exchange for a new option having a higher exercise price and a cash payment. Pursuant to an issuer tender offer described in the Tender Offer Statement on Schedule TO filed with the Commission on November 19, 2008, as amended on December 18, 2008, (the "Tender Offer"), the options were tendered in exchange for a new option having a higher exercise price but the same vesting schedule and payment of $0.26 per underlying share of Common Stock.
- [F2]The option vested in 4 equal installments on the first 4 anniversaries following the original grant date on May 18, 2004.