WIRELESS TELECOM GROUP INC 4
4 · WIRELESS TELECOM GROUP INC · Filed Mar 28, 2014
Insider Transaction Report
Form 4
GENOVA PAUL S
DirectorPresident, CFO and CEO
Transactions
- Award
STOCK OPTION
2009-11-24+500,000→ 500,000 totalExercise: $0.77From: 2014-03-24Exp: 2019-11-24→ COMMON STOCK (500,000 underlying) - Award
STOCK OPTION
2008-04-11+220,000→ 220,000 totalExercise: $1.42From: 2014-03-24Exp: 2018-04-11→ COMMON STOCK (220,000 underlying)
Footnotes (2)
- [F1]As reported on prior Form 4's, the options were awarded on 4/11/2008 and 11/24/2009. However, the options did not vest and become exercisable until March 24, 2014, the date on which the non-executive members of the Board of Directors of Wireless Telecom Group, Inc. (the "Issuer") determined that certain performance milestones had been achieved by the Issuer.
- [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.