Tecnoglass Inc. 4
4 · Tecnoglass Inc. · Filed Jan 14, 2016
Insider Transaction Report
Form 4
Tecnoglass Inc.TGLS
Torres Julio A.
DirectorCo-Chief Executive Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2015-12-01$8.00/sh+125,000$1,000,000→ 172,000 total - Tax Payment
Ordinary Shares
2015-12-01$14.89/sh−67,164$1,000,005→ 104,836 total - Exercise/Conversion
Warrants
2015-12-01−125,000→ 0 totalExercise: $8.00From: 2013-12-20Exp: 2016-12-20→ Ordinary Shares (125,000 underlying)
Footnotes (1)
- [F1]On December 1, 2015, the reporting person exercised a warrant to purchase 125,000 ordinary shares of the Issuer on a cashless basis resulting in the Issuer withholding 67,164 of the warrrant shares to pay the exericse price and issuing to the reporting person the remaining 57,836 shares.