Finisar Corporation (NASDAQ:FNSR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Finisar Corporation (NASDAQ:FNSR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 24, 2017, the Board of Directors (the “Board”) of Finisar Corporation (the “Company”) appointed Helene Simonet to serve as a Class II member of the Board until the 2019 annual meeting of stockholders. Following the appointment of Ms. Simonet, the Company’s Board consists of seven directors who are elected to staggered three-year terms.
Ms. Simonet will receive compensation in accordance with the Company’s independent director compensation policy adopted by the Board from time to time. Additionally, Ms. Simonet will enter into the Company’s standard indemnification agreement made available to all of the Company’s directors.
On March 28, 2017, the Company issued a press release announcing the appointment, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Decription
99.1 Press Release Announcing Appointment of New Director
About Finisar Corporation (NASDAQ:FNSR)
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company’s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits and optoelectronic packaging to provide a means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than one gigabit per second (Gbps), to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers, using a range of network protocols and physical configurations. Finisar Corporation (NASDAQ:FNSR) Recent Trading Information
Finisar Corporation (NASDAQ:FNSR) closed its last trading session up +0.27 at 28.87 with 3,248,481 shares trading hands.
Finisar Corporation (Finisar) is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company’s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks. These products rely on the use of semiconductor lasers and photodetectors in conjunction with integrated circuits and optoelectronic packaging to provide a means for transmitting and receiving digital signals over fiber optic cable at speeds ranging from less than one gigabit per second (Gbps), to more than 100 Gbps, over distances of less than 10 meters to more than 2,000 kilometers, using a range of network protocols and physical configurations. Finisar Corporation (NASDAQ:FNSR) Recent Trading Information
Finisar Corporation (NASDAQ:FNSR) closed its last trading session up +0.27 at 28.87 with 3,248,481 shares trading hands.
