4//SEC Filing
DGSE COMPANIES INC 4
Accession 0001144204-14-005113
$ELACIK 0000701719operating
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 6:02 AM ET
Size
8.1 KB
Accession
0001144204-14-005113
Insider Transaction Report
Form 4
Clem James D
DirectorC.O.O.
Transactions
- Exercise/Conversion
Common Stock
2014-01-28+6,250→ 54,175 total - Exercise/Conversion
Restricted Stock Units
2014-01-28$2.12/sh+6,250$13,250→ 18,750 totalFrom: 2014-01-20→ Common Stock (6,250 underlying)
Footnotes (3)
- [F1]Each vested Restricted Stock Units ("RSU") was converted into one share of common stock, par value $0.01, of the Issuer (the "Common Stock") without additional consideration (other than such conversion and reduction in the number of RSUs held) pursuant to the terms of the Restricted Stock Unit Award Agreement, dated January 20, 2014, between the Issuer and the Reporting Person.
- [F2]Upon termination of service of the Reporting Person to the Issuer, other than by reason of death or disability, any RSUs held by the Reporting Person that have not vested will be forfeited and the award of such RSUs shall terminate.
- [F3]The Issuer elected to award the RSUs as consideration for services rendered to the Issuer (the "Consideration") and to encourage the continuation of such services in connection with the Reporting Person's employment with the Issuer. The value of the Consideration on the date of grant was $13,250. No additional consideration was received by the Issuer as payment for the RSUs.
Documents
Issuer
DGSE COMPANIES INC
CIK 0000701719
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000701719
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 6:02 AM ET
- Size
- 8.1 KB