CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Oct 1, 2015
Insider Transaction Report
Form 4
Faber Michael
Director
Transactions
- Exercise/Conversion
Common Stock
2015-10-01+1,231→ 4,922 total - Exercise/Conversion
Restricted Stock Unit
2015-10-01−1,231→ 0 total→ Common Stock (1,231 underlying)
Footnotes (2)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On January 2, 2015, the reporting person was granted 3,692 restricted stock units vesting in three installments of 1,230, 1,231 and 1,231 on April 1, 2015, July 1, 2015 and October 1, 2015, respectively. Vested shares will be promptly delivered to the reporting person.