Global Eagle Entertainment Inc. 4
4 · Global Eagle Entertainment Inc. · Filed Jul 28, 2016
Insider Transaction Report
Form 4
Avellan Abel Antonio
Pres. & Chief Strategy Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-07-27+450,000→ 450,000 totalExercise: $8.03Exp: 2023-07-27→ Common Stock (450,000 underlying) - Award
Common Stock
2016-07-27+275,000→ 275,000 total - Award
Common Stock
2016-07-27+175,000→ 450,000 total - Tax Payment
Common Stock
2016-07-27$8.03/sh−74,103$595,047→ 375,897 total
Footnotes (4)
- [F1]Subject to continuous employment, these shares were granted as restricted stock units, and will vest in three equal installments with the first installment vesting on July 27, 2017.
- [F2]Granted pursuant to Global Eagle Entertainment Inc.'s 2016 Inducement and Retention Stock Plan for EMC Employees under NASDAQ Listing Rule 5635(c)(4).
- [F3]Reflects shares withheld to satisfy tax withholding obligations.
- [F4]Subject to continuous employment, these stock options will vest on the following schedule: (i) with respect to one-third of the underlying shares, on July 27, 2017; and (ii) with respect to the remaining underlying shares, monthly on a pro rata basis during the following two years until fully vested.