4//SEC Filing
Cartesian, Inc. 4
Accession 0001014108-16-000517
CIK 0001094814operating
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 4:37 PM ET
Size
6.1 KB
Accession
0001014108-16-000517
Insider Transaction Report
Form 4
Cartesian, Inc.CRTN
FERRARA JOHN C
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2016-09-28+50,000→ 50,000 totalExercise: $1.25Exp: 2026-09-28→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The exercise price was determined to be the greater price on the date of grant.
- [F2]The option will vest (a) with respect to 16,666 shares if at any time the closing market price of the Company's common stock on each day during a thirty (30) consecutive trading day period equals or exceeds $4.00 per share; (b) with respect to an additional 16,666 shares if at any time the closing market price of the Company's common stock on each day during a thirty (30) consecutive trading day period equals or exceeds $5.00 per share; and (c) with respect to an additional 16,667 shares if at any time the closing market price of the Company's common stock on each during a thirty (30) consecutive trading day period equals or exceeds $6.00 per share.
Documents
Issuer
Cartesian, Inc.
CIK 0001094814
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001094814
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 4:37 PM ET
- Size
- 6.1 KB