Macdonald Sean 4
4 · Leatt Corp · Filed May 3, 2019
Insider Transaction Report
Form 4
Leatt CorpLEAT
Macdonald Sean
DirectorCEO, CFO
Transactions
- Award
Options to purchase Common Stock, par value $0.001 per share
2019-02-25+78,000→ 234,000 totalExercise: $2.30From: 2019-02-25Exp: 2029-02-24→ Common Stock, par value $0.001 per share (78,000 underlying)
Footnotes (1)
- [F1]The Reporting Person was the holder of vested and unvested options to purchase 156,000 shares of the Issuer's commons stock. On February 25, 2019, the Reporting Person was granted options to purchase another 78,000 shares of the Issuer's common stock at $2.30 per share under the Issuer's 2012 Plan which will expire on February 24, 2029. Options to purchase 30% or 23,400 shares immediately vested, options to purchase another 40% or 31,200 shares will vest in two equal portions of 15,600 each on February 25, 2020 and 2021, respectively, and the remaining 30% or 23,400 shares will vest on February 25, 2022.