Ostermann Robert 4
4 · ARI NETWORK SERVICES INC /WI · Filed Aug 7, 2017
Insider Transaction Report
Form 4
Ostermann Robert
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2017-08-03$7.05/sh−8,268$58,289→ 57,326 total - Exercise/Conversion
Restricted Stock
2017-08-03−22,000→ 55,000 totalExp: 2019-03-05→ Common Stock (22,000 underlying) - Exercise/Conversion
Common Stock
2017-08-03+22,000→ 65,594 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 $8.00 and 33,000 shares of restricted stock vest at a target VWAP of $9.00.