Lifeloc Technologies, Inc·4

Oct 10, 11:25 AM ET

Willkomm Wayne 4

4 · Lifeloc Technologies, Inc · Filed Oct 10, 2017

Insider Transaction Report

Form 4
Period: 2017-10-01
Transactions
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2017-10-0150,00050,000 total
    Exercise: $8.83Exp: 2026-01-18Common Stock (50,000 underlying)
  • Award

    Stock Options (Right to Buy)

    2017-10-01+50,00050,000 total
    Exercise: $6.00Exp: 2027-10-01Common Stock (50,000 underlying)
Footnotes (2)
  • [F1]The stock options were granted under the issuer's 2013 Stock Option Plan, and were subject to performance-based vesting based on the achievement of certain performance conditions set forth in the employment agreement between the issuer and the reporting person. The stock options were forfeited in connection with execution of an amended and restated employment agreement, which provided for revised performance metrics and a revised exercise price.
  • [F2]The stock options were granted under the issuer's 2013 Stock Option Plan, and are subject to performance-based vesting based on the achievement of certain performance conditions set forth in the amended and restated employment agreement between the issuer and the reporting person.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4