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Teligent, Inc.·4

Mar 15, 4:31 PM ET

YACHMETZ PHILIP K 4

4 · Teligent, Inc. · Filed Mar 15, 2021

Insider Transaction Report

Form 4
Period: 2021-03-11
Teligent, Inc.TLGT
YACHMETZ PHILIP K
Chief Legal Officer, Corp Secy
Transactions
  • Award

    Stock Option

    2021-03-11+424,000→ 424,000 total
    Exercise: $0.82From: 2024-03-11Exp: 2031-03-11→ Common Stock (424,000 underlying)
  • Award

    Restricted Stock Units

    2021-03-11+344,000→ 344,400 total
    From: 2022-03-11Exp: 2031-03-11→ Common Stock (344,400 underlying)
Footnotes (4)
  • [F1]The shares underlying the derivative securities shall vest on the third anniversary of the date of grant contingent upon (a) the Reporting Person's continued employment with the Registrant and (b) subject to achieving certain performance criteria.
  • [F2]These securities were issued pursuant to the terms of the 2016 Executive Incentive Plan as part of the Reporting Person's annual compensation.
  • [F3]Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
  • [F4]One-fourth of the shares underlying the derivative securities shall vest ratably on an annual basis beginning on March 11, 2022.

Documents

2 files