Carney Domonic J. 4
4 · ShiftPixy, Inc. · Filed Apr 2, 2021
Insider Transaction Report
Form 4
ShiftPixy, Inc.PIXY
Domonic Carney J
Chief Financial Officer
Transactions
- Award
Incentive Stock Option (right to buy)
2021-03-31+50,000→ 61,459 totalExercise: $5.40Exp: 2030-07-01→ Common Stock (50,000 underlying) - Award
Non-Statutory Stock Option (right to buy)
2021-03-31+11,459→ 11,459 totalExercise: $5.40Exp: 2030-07-01→ Common Stock (11,459 underlying)
Footnotes (2)
- [F1]The option grant was approved by the board of directors of ShiftPixy, Inc. (the "Company") on July 1, 2020, subject to shareholder approval of an amendment to the ShiftPixy, Inc. 2017 Stock Option/Stock Issuance Plan (the "Plan"). The Company's shareholders approved the amendment to the Plan on March 31, 2021.
- [F2]The holder's options shall become exercisable as follows: (i) 25% of the options shall become exercisable upon the holder's completion of one year of service following July 1, 2020, and (ii) the balance of the options shall become exercisable in a series of twelve successive equal quarterly installments upon the holder's completion of each additional quarter of service following July 1, 2021.