Home/Filings/4/0000897101-14-000197
4//SEC Filing

IMAGE SENSING SYSTEMS INC 4

Accession 0000897101-14-000197

$AATCCIK 0000943034operating

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 12:32 PM ET

Size

7.9 KB

Accession

0000897101-14-000197

Insider Transaction Report

Form 4
Period: 2014-02-18
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2014-02-18+20,00020,000 total
    Exercise: $5.53Exp: 2024-02-18Common Stock (20,000 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2014-02-18+20,00020,000 total
    Exercise: $5.53Exp: 2024-02-18Common Stock (20,000 underlying)
Footnotes (2)
  • [F1]The option becomes exercisable in four equal installments on each of the first, second, third and fourth anniverary dates of the date of grant.
  • [F2]All of these options will vest if the Company's actual revenue exceeds the target revenue (the "Target Revenue") for the year ending December 31, 2014. If the Company achieves at least 90% but less than 100% of the Target Revenue, the number of shares subject to the options that will vest will be determined on a pro rata basis. If the Company achieves less than 90% of the Target Revenue, none of these options will vest.

Issuer

IMAGE SENSING SYSTEMS INC

CIK 0000943034

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000943034

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 12:32 PM ET
Size
7.9 KB