GLOWPOINT, INC. 4
4 · GLOWPOINT, INC. · Filed May 31, 2016
Insider Transaction Report
Form 4
GLOWPOINT, INC.GLOW
LOMBARDI PATRICK J
Director
Transactions
- Award
common stock
2016-05-26$0.34/sh+117,647$40,000→ 312,328 total
Footnotes (1)
- [F1]Represents a grant of time-based restricted stock units under the issuer's 2014 Equity Incentive Plan. Each time-based restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The units are scheduled to vest May 26, 2017, subject to the terms and conditions set forth in the award agreement. The closing price of the issuer's common stock on the day prior to the date of grant was $0.34.