Global Eagle Entertainment Inc. 4
4 · Global Eagle Entertainment Inc. · Filed Aug 26, 2016
Insider Transaction Report
Form 4
SEVERSON THOMAS E JR
Chief Financial Officer
Transactions
- Award
Common Stock
2016-08-25+80,000→ 80,000 total - Award
Stock Option (Right to Buy)
2016-08-25+200,000→ 200,000 totalExercise: $8.41Exp: 2023-08-25→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]These shares were granted as restricted stock units, and will vest in four equal annual installments with the first installment vesting on August 24, 2017, subject to continuous employment on each vesting date.
- [F2]Subject to continuous employment, these stock options will vest on the following schedule: (i) with respect to one-quarter of the underlying shares, on August 24, 2017; and (ii) with respect to the remaining underlying shares, monthly on a pro rata basis during the following three years until fully vested.