AMERI Holdings, Inc. 4
4 · AMERI Holdings, Inc. · Filed May 4, 2017
Insider Transaction Report
Form 4
Balakrishnan Venkatraman
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-01+4,608→ 4,608 total - Tax Payment
Common Stock
2017-05-01$6.59/sh−1,613$10,630→ 2,995 total - Exercise/Conversion
Restricted Stock Unit
2017-05-01+4,608→ 0 total→ Common Stock (4,608 underlying)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") granted as incentive compensation pursuant to the Issuer's 2015 Equity Incentive Award Plan. Each RSU represents the right to receive, at settlement, one share of the Issuer's common stock. The RSUs vested in full on May 1, 2017, based on the terms of a RSU Agreement between the Issuer and the Reporting Person.
- [F2]Represents number of shares withheld by the Issuer for the payment of taxes. No shares of Common Stock were sold by the Reporting Person in connection with this transaction. The Reporting Person will retain the net number of shares issued upon the settlement of the RSUs.
- [F3]Closing market price of the Issuer's common stock on the transaction date.