Deep Down, Inc. 4
4 · Deep Down, Inc. · Filed Dec 16, 2015
Insider Transaction Report
Form 4
Deep Down, Inc.DPDW
BUTLER EUGENE L
DirectorChief Financial Officer
Transactions
- Award
Common Stock
2015-12-14+300,000→ 661,518 total
Footnotes (1)
- [F1]The Compensation Committee of the Company's Board of Directors approved a stock grant of 300,000 restricted shares. These restricted shares are subject to forfeiture - restrictions lapse with respect to one-third (or 100,000 shares) on January 1, 2016; one-third (or 100,000 shares) on December 14, 2016 and one-third (or 100,000 shares) on December 14, 2017.