AMERICAN SHARED HOSPITAL SERVICES 4
4 · AMERICAN SHARED HOSPITAL SERVICES · Filed Jun 29, 2017
Insider Transaction Report
Form 4
RUFFLE JOHN F
Director
Transactions
- Award
Stock Options (right to buy)
2017-06-27+2,000→ 2,000 totalExercise: $3.90From: 2018-06-26Exp: 2024-06-26→ Common Stock (2,000 underlying) - Award
Common Stock, No Par Value
2017-06-27+500→ 544,349 total
Footnotes (3)
- [F1]This represents an award of restricted stock units. Each unit will entitle the reporting person to one share of the issuer's common stock upon vesting. The units will vest in full upon the earlier of (I) the reporting person's completion of one year of service measured from June 27, 2017, or (II) such individual's continuation in Board service through the day immediately preceding the 2018 Annual Shareholders Meeting (the "Vesting Date").
- [F2]Includes 500 shares subject to the reported restricted stock unit award which will vest in full upon the Vesting Date.
- [F3]The reported stock option will vest in full upon the earlier of (I) the reporting person's completion of one year of service measured from June 27, 2017, or (II) such individual's continuation in Board service through the day immediately preceding the 2018 Annual Shareholders Meeting (the "Vesting Date").