Symmetry Surgical Inc. 4
4 · Symmetry Surgical Inc. · Filed Dec 2, 2015
Insider Transaction Report
Form 4
MILNE DAVID C
Chief Admin Officer, SVP & GC
Transactions
- Award
Common Stock
2015-12-01+55,117→ 161,090 total
Footnotes (1)
- [F1]These shares were granted pursuant to the Company's 2014 Equity Incentive Plan, the terms of which were filed in the Company's filing on Form S-4 on October 31, 2014. These shares were granted in exchange for Mr. Milne's forfeiture of an opportunity to earn $440,933 in cash compensation pursuant to his original incentive agreement, as is more fully described in the Form 8-k filed on today's date. These shares will be earned, if at all, if the Company achieves certain established performance metrics over the following three (3) years. If a metric is achieved and a tranche is earned, then that particular tranche will vest three (3) years thereafter. Any shares not earned on the third anniversary of the date of grant will be forfeited.