Xian Ming 4
4 · MEDIFAST INC · Filed Jun 7, 2021
Insider Transaction Report
Form 4
MEDIFAST INCMED
Xian Ming
Director
Transactions
- Award
Restricted Stock Units (cash settled)
2021-06-03+630→ 2,751 total→ Common Stock (630 underlying)
Footnotes (1)
- [F1]Represents the right to receive 630 shares of the Issuer's common stock in connection with the payment of the reporting person's annual director fees, which fees have been deferred under the Medifast, Inc. Directors' Deferred Compensation Plan (Amended and Restated). These shares are granted from the Issuer's 2012 Share Incentive Plan and will vest in full on June 3, 2022. Each restricted stock unit represents a contingent right to receive the cash equivalent of one share of the Issuer's common stock.