CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Apr 4, 2016
Insider Transaction Report
Form 4
PAULICK WALTER
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-04-01−1,291→ 2,582 total→ Common Stock (1,291 underlying) - Exercise/Conversion
Common Stock
2016-04-01+1,291→ 27,361 total
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. Upon vesting the shares shall promptly be delivered to the reporting person.