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4//SEC Filing

CENSULLO ROBERT 4

Accession 0000930413-11-000098

CIK 0000878828other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 5:35 PM ET

Size

6.5 KB

Accession

0000930413-11-000098

Insider Transaction Report

Form 4
Period: 2010-11-08
CENSULLO ROBERT
Chief Financial Officer
Transactions
  • Award

    Stock Option

    2010-11-08+50,00050,000 total
    Exercise: $0.75Exp: 2020-11-08Common Stock (50,000 underlying)
Footnotes (2)
  • [F1]The options will fully vest and become exercisable upon the date on which the Board of Directors (the "Board") of Wireless Telecom Group, Inc. (the "Issuer") shall have determined that certain performance milestones have been achieved by the Issuer in any one fiscal year after the fiscal year ended December 31, 2010 or the date on which a "Change-of-Control" (as defined in the Stock Option Agreement dated November 8, 2010 (the "Option Agreement")) of the Issuer is consummated, subject to certain restrictions set forth in the Option Agreement.
  • [F2]The options may expire earlier than this date if the Reporting Person ceases to be employed by the Issuer, whether voluntarily, involuntarily or by reason of the Reporting Person's death, as set forth in the Option Agreement.

Documents

1 file

Issuer

WIRELESS TELECOM GROUP INC

CIK 0000878828

Entity typeother

Related Parties

1
  • filerCIK 0001502110

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:35 PM ET
Size
6.5 KB