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VIAVI SOLUTIONS INC. — Director's Dealing 2010
Aug 16, 2010
31492_dirs_2010-08-16_1f96a6ea-6195-4cbf-80d0-4dafd5e45a57.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JDS UNIPHASE CORP /CA/ (JDSU)
CIK: 0000912093
Period of Report: 2010-08-15
Reporting Person: LOWE ALAN S (EVP & President, CCOP)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-15 | Non-Qualified Stock Option (right to buy) | $10.27 | A | 72500 | Acquired | 2018-08-15 | Common Stock (72500) | Direct |
| 2010-08-15 | Non-Qualified Stock Option (right to buy) | $10.27 | A | 36250 | Acquired | 2018-08-15 | Common Stock (36250) | Direct |
| 2010-08-15 | Restricted Stock Unit | $0 | A | 36250 | Acquired | Common Stock (36250) | Direct |
Footnotes
F1: The Performance Stock Options ("Performance Options") will vest over three years with 33% vesting after one year and quarterly over the remaining two years. The Performance Stock Options will be exercisable on the latter to occur of: (i) the first anniversary of the grant date and quarterly over the remaining two years, and (ii) the appreciation of the price of the Company's common stock such that it will have traded at a minimum of a 25% premium to the exercise price of the Performance Options for at least 30 consecutive trading days.
F2: The Stock Options subject to the Award shall vest over three years with 33% vesting after one year and quarterly over the remaining two years.
F3: The Units subject to the Award shall vest over three years with 33% vesting after one year and quarterly over the remaining two years.
F4: The restricted stock unit converts to common stock upon the vest date.