OXENHORN ELI 4
4 · FALCONSTOR SOFTWARE INC · Filed May 13, 2013
Insider Transaction Report
Form 4
OXENHORN ELI
Director
Transactions
- Award
Common Stock
2013-05-09+10,000→ 1,036,000 total
Holdings
- 90,000(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]Represents shares of Restricted Stock granted under the FalconStor Software 2013 Outside Directors Equity Compensation Plan. The restrictions will lapse as to 33% of the shares on the date of each of the Company's next two annual meetings of stockholders. The restrictions will lapse as to the remaining 34% of the shares on the date of the Company's 2016 annual meeting of stockholders.
- [F2]Mr. Oxenhorn is the general partner of the Eli Oxenhorn Family Limited Partnership. Mr. Oxenhorn disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.