Tadano Ltd. 4
4 · Manitex International, Inc. · Filed Aug 18, 2020
Insider Transaction Report
Form 4
Tadano Ltd.
10% Owner
Transactions
- Award
Common Stock
2020-08-14+5,000→ 2,936,542 total
Footnotes (2)
- [F1]Ingo Schiller ("Schiller"), a director of Manitex International, Inc. (the "Issuer") and an employee of the Reporting Person, was granted (i) 5,000 shares of which 1,650 immediately, 1,650 will vest on August 14, 2021, and 1,700 will vest on August 14, 2022. Schiller serves as a director of the Issuer pursuant to the Reporting Person's right under the Securities Purchase Agreement, dated as of May 24, 2018, by and between the Issuer and the Reporting Person, to nominate one individual to serve on the Board of Directors of the Issuer (the "Nomination Right").
- [F2]The shares were assigned to the Reporting Person under the terms of Schiller's arrangement with the Reporting Person. The Reporting Person is a director by deputization because Schiller serves as a director of the Issuer pursuant to the Nomination Right.