OCLARO, INC. | 2013 | FY | 3


The following table summarizes activity relating to warrants to purchase our common stock:

 

           Weighted-  
     Warrants     Average  
     Outstanding     Exercise Price  
     (Thousands)        

Balance at July 3, 2010

     1,616      $ 18.78   

Expired

     (218     35.47   
  

 

 

   

Balance at July 2, 2011

     1,398        16.18   

Expired

     (1,398     16.18   
  

 

 

   

Balance at June 30, 2012

     —          —     

Granted

     1,836        1.50   
  

 

 

   

Balance at June 29, 2013

     1,836      $ 1.50   
  

 

 

   

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