Ritchie Samuel 5
5 · DESTINY MEDIA TECHNOLOGIES INC · Filed Oct 23, 2020
Insider Transaction Report
Form 5
Ritchie Samuel
Chief Financial Officer
Transactions
- Award
STOCK OPTION (RIGHT TO BUY)
2020-04-28+30,000→ 30,000 totalExercise: $1.00Exp: 2025-04-28→ Common (30,000 underlying) - Award
COMMON
2020-08-31$0.66/sh+1,268$837→ 1,342 total
Footnotes (3)
- [F1]Purchased under Employee Stock Purchase Plan, which transaction is exempt under Rule 16b-3(c) of the Securities Exchange Act of 1934.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.82 to $0.95, inclusive. The reporting person undertakes to provide to Destiny Media Technologies Inc., any security holder of Destiny Media Technologies Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$0.88 to USD using an exchange rate of CAD $1.338 =USD $1.00.
- [F3]The options vest in quarterly installments over a two-year period which commenced on April 28, 2020.