Rai Dhruwa N 4
4 · AMERI Holdings, Inc. · Filed Dec 26, 2017
Insider Transaction Report
Form 4
Rai Dhruwa N
Director
Transactions
- Exercise/Conversion
Common Stock
2017-12-21+333,333→ 982,112 total - Exercise/Conversion
Restricted Stock Unit
2017-12-21−333,333→ 0 total→ Common Stock (333,333 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2015 Equity Incentive Award Plan (the "Plan") on May 10, 2016 (the "2016 Grant"). Each RSU represents the right to receive, at settlement, one share of the Issuer's common stock. The indicated RSUs vested in full on December 21, 2017, due to the determination of the Issuer to accelerate vesting of the RSUs in accordance with the terms of the Plan and a RSU Agreement between the Issuer and the Reporting Person.
- [F2]The Reporting Person previously agreed to cancel 166,667 RSUs granted pursuant to the 2016 Grant.