WIRELESS TELECOM GROUP INC 4
4 · WIRELESS TELECOM GROUP INC · Filed Jun 10, 2016
Insider Transaction Report
Form 4
GARRITY JOSEPH P
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2016-06-08+30,000→ 130,000 total - Award
Stock Option
2016-06-08+70,000→ 70,000 totalExercise: $1.33Exp: 2026-06-08→ Common Stock (70,000 underlying)
Footnotes (3)
- [F1]On June 8, 2016, the Reporting Person was granted 30,000 shares of restricted common stock, par value $0.01 per share, of the Company in connection with his service as a director of the Company. These shares will vest on the date of the Company's next annual meeting of shareholders to be held in 2017 (the "Vesting Date"), or upon change of control, provided that the Reporting Person's service as a director of the Company continues through the vesting date.
- [F2]These options were granted to the reporting person in connection with his service as a director of the Company.
- [F3]These shares will vest on the Vesting Date, or upon change of control, provided that the Reporting Person's service as a director of the Company continues through such date.