De Paolantonio Ernest Robert 4
4 · Teligent, Inc. · Filed Apr 16, 2021
Insider Transaction Report
Form 4
Teligent, Inc.TLGT
De Paolantonio Ernest Robert
Chief Financial Officer
Transactions
- Award
Stock Option
2021-04-15+240,000→ 240,000 totalExercise: $0.57From: 2024-04-15Exp: 2031-04-15→ Common Stock (240,000 underlying) - Award
Restricted Stock Units
2021-04-15+195,000→ 195,000 totalFrom: 2022-04-15Exp: 2031-04-15→ Common Stock (195,000 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 as an inducement to the Reporting Person to enter into employment with the Registrant.
- [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 April 15, 2022 contingent upon the Reporting Person's employment with the Registrant.