CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Faber Michael
Director
Transactions
- Award
Common Stock
2016-01-04+1,291→ 6,213 total - Award
Restricted Stock Unit
2016-01-04+3,873→ 3,873 total→ Common Stock (3,873 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of CPI Aerostructures, Inc.
- [F2]The restricted stock units vest in three equal installments of 1,291 on April 1, 2016, July 1, 2016 and October 3, 2016, respectively. Vested shares will be promptly delivered to the reporting person.