Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LITE | Common Stock | Award | $0 | +104K | $0.00 | 104K | Feb 7, 2025 | Direct | F1 | |
transaction | LITE | Common Stock | Award | $0 | +11.5K | +11.11% | $0.00 | 115K | Feb 7, 2025 | Direct | F2 |
Id | Content |
---|---|
F1 | Each share is represented by a restricted stock unit (RSU). Each RSU represents the contingent right to receive, following vesting, one share of Common Stock of the Issuer. One-third of the RSUs will vest on February 7, 2026 and the remaining RSUs shares will vest quarterly over the next eight calendar quarters, subject to the Reporting Person continuing as an employee, or as provided under the Issuer's 2025 Inducement Equity Incentive Plan. |
F2 | Each share is represented by an RSU. Each RSU represents the contingent right to receive, following vesting, one share of Common Stock of the Issuer. One-fourth of the RSUs will vest on February 7, 2026 and one-sixth of the remaining RSUs shares will vest on May 15, 2026 and each three-month anniversary thereafter, subject to the Reporting Person continuing as an employee, or as provided under the Issuer's 2025 Inducement Equity Incentive Plan. |