4//SEC Filing
Wolfe Brad 4
Accession 0000921895-20-002595
CIK 0000922521other
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 7:16 PM ET
Size
5.4 KB
Accession
0000921895-20-002595
Insider Transaction Report
Form 4
Wolfe Brad
Chief Financial Officer
Transactions
- Award
Common Stock
2020-09-30+14,720→ 88,317 total
Footnotes (2)
- [F1]The restricted shares vest as follows: 2.5% of the shares shall vest on the first anniversary of the grant date of September 30, 2020 (the "Grant Date"); 2.5% of the shares shall vest on the second anniversary of the Grant Date; 2.5% of the shares shall vest on the third anniversary of the Grant Date; 2.5% of the shares will vest on the fourth anniversary of the Grant Date; 45% of the shares shall vest upon preferred investors receiving cash proceeds in return on their invested capital in the Issuer; and 45% of the shares shall vest upon a change of control of the Issuer.
- [F2]Amount adjusted to reflect 100-for-1 reverse stock split effected by the Issuer in August 2019 as well as certain other adjustments.
Documents
Issuer
FALCONSTOR SOFTWARE INC
CIK 0000922521
Entity typeother
Related Parties
1- filerCIK 0001778771
Filing Metadata
- Form type
- 4
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 7:16 PM ET
- Size
- 5.4 KB