CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
STINSON TERRY DEAN
Director
Transactions
- Exercise/Conversion
Common Stock
2016-10-03+2,904→ 22,691 total - Exercise/Conversion
Restricted Stock Unit
2016-10-03−2,904→ 0 total→ Common Stock (2,904 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 installments of 2,905, 2,905 and 2,904 on April 1, 2016, July 1, 2016 and October 3, 2016, respectively. Vested shares will be promptly delivered to the reporting person.