Wajid Ali - Jun 20, 2023 Form 4 Insider Report for Lumentum Holdings Inc. (LITE)

Role
EVP & Chief Financial Officer
Signature
/s/ Judy G. Hamel as Attorney-in-Fact
Stock symbol
LITE
Transactions as of
Jun 20, 2023
Transactions value $
-$415,756
Form type
4
Date filed
6/22/2023, 04:05 PM
Previous filing
Jun 22, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LITE Common Stock Sale -$416K -6.87K -16.17% $60.50 35.6K Jun 20, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person, dated February 27, 2023.