Cook Brian Gerald 4
4 · PASSUR Aerospace, Inc. · Filed Oct 26, 2022
Insider Transaction Report
Form 4
Cook Brian Gerald
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-10-24$0.14/sh−58,333$8,167→ 116,667 total→ Common Stock (58,333 underlying) - Exercise/Conversion
Common Stock, par Value $0.01
2022-10-24+58,333→ 58,333 total
Footnotes (3)
- [F1]Represents shares of Common Stock issued by the issuer to the reporting person upon the vesting of an award of restricted stock units previously granted to the reporting person on October 22, 2021, as described below.
- [F2]On October 22, 2021, the issuer granted to the reporting person an award of restricted stock units pursuant to the issuer's 2019 Stock Incentive Plan, as amended. Restricted stock units, upon vesting, convert into shares of the issuer's Common Stock on a one-for-one basis.
- [F3]The restricted stock unit award vests in equal annual installments over a three-year period, with the first installment vesting on October 22, 2022, and the remaining two installments vesting on October 22, 2023 and October 22, 2024.