CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
Faber Michael
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-10-03−1,291→ 0 total→ Common Stock (1,291 underlying) - Exercise/Conversion
Common Stock
2016-10-03+1,291→ 10,086 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. Vested shares will be promptly delivered to the reporting person.