Belardi Louis J 4
4 · Steel Connect, Inc. · Filed Oct 9, 2018
Insider Transaction Report
Form 4
Belardi Louis J
CFO and Executive VP
Transactions
- Exercise/Conversion
Common Stock
2018-10-04+329,949→ 329,949 total - Tax Payment
Common Stock
2018-10-04$2.15/sh−97,170$208,916→ 232,779 total - Exercise/Conversion
Restricted Stock Unit
2018-10-04−329,949→ 0 total→ Common Stock (329,949 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- [F2]This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- [F3]Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold.
- [F4]On October 4, 2017, the Registrant was granted 329,949 Restricted Stock Units. As to this grant, 100% of the Restricted Stock Units vested on October 4, 2018.