Alan S. Lowe - Feb 20, 2025 Form 4 Insider Report for Lumentum Holdings Inc. (LITE)

Role
Director
Signature
/s/ Jae Kim as Attorney-in-Fact
Stock symbol
LITE
Transactions as of
Feb 20, 2025
Transactions value $
-$5,851,690
Form type
4
Date filed
2/24/2025, 08:56 PM
Previous filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LITE Common Stock Award $0 +62.3K +21.19% $0.00 357K Feb 20, 2025 Direct F1
transaction LITE Common Stock Tax liability -$5.85M -76.7K -21.5% $76.34 280K Feb 20, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares upon the acceleration of vesting of certain performance stock units (PSUs), as provided by the Transition Agreement and Release, dated February 2, 2025 (the "Transition Agreement"), between the Reporting Person and the Issuer and filed with the Securities and Exchange Commission on February 3, 2025.
F2 Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of certain restricted stock units and PSUs pursuant to the Transition Agreement.