4//SEC Filing
Sita Vincent 4
Accession 0000921895-22-000732
CIK 0000922521other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:00 PM ET
Size
5.2 KB
Accession
0000921895-22-000732
Insider Transaction Report
Form 4
Sita Vincent
Chief Financial Officer
Transactions
- Award
Common Stock
2022-02-11+56,615→ 56,615 total
Footnotes (1)
- [F1]The restricted shares vest as follows: 2.5% of the shares vested immediately upon grant on February 11, 2022 (the "Grant Date"); 2.5% of the shares shall vest on the first anniversary of the Grant Date; 2.5% of the shares shall vest on the second anniversary of the Grant Date; 2.5% of the shares will vest on the third 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.
Documents
Issuer
FALCONSTOR SOFTWARE INC
CIK 0000922521
Entity typeother
Related Parties
1- filerCIK 0001913831
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:00 PM ET
- Size
- 5.2 KB