ARI NETWORK SERVICES INC /WI 4
4 · ARI NETWORK SERVICES INC /WI · Filed Jul 12, 2017
Insider Transaction Report
Form 4
NURTHEN WILLIAM
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2017-07-10−13,249→ 43,307 total - Exercise/Conversion
Restricted Stock
2017-06-21−33,000→ 77,000 totalExp: 2019-03-04→ Common Stock (33,000 underlying) - Exercise/Conversion
Common Stock
2017-06-21+33,000→ 56,556 total
Footnotes (1)
- [F1]22,000 shares of restricted stock vest at a target 30-day volume-weighted average price per share ("VWAP") of ARI Network Services, Inc.'s common stock of $7.00; 22,000 shares of restricted stock vest at a target VWAP of $8.00; and 33,000 shares of restricted stock vest at a target VWAP of $9.00.