YACHMETZ PHILIP K 4
4 · Teligent, Inc. · Filed Jul 20, 2021
Insider Transaction Report
Form 4
Teligent, Inc.TLGT
YACHMETZ PHILIP K
Chief Legal Officer, Corp Secy
Transactions
- Exercise/Conversion
Common Stock
2021-07-16+7,835→ 7,835 total - Tax Payment
Common Stock
2021-07-16$0.47/sh−2,656$1,248→ 5,176 total - Exercise/Conversion
Restricted Stock Units
2021-07-16+7,835→ 15,670 total→ Common Stock (7,835 underlying)
Footnotes (5)
- [F1]Represents shares of common stock received upon vesting of a restricted stock unit award.
- [F2]Represents shares withheld by Registrant to satisfy tax withholding requirements on vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F4]This is the first vesting of the restricted stock units issued on 7/16/2020. Two remaining equal vestings occur on July 16, 2022 and July 16, 2023, subject to the Reporting Person's continued employment with the Registrant.
- [F5]These securities were issued as an inducement to the Reporting Person to enter into employment with the Registrant.