WPCS INTERNATIONAL INC 4
4 · WPCS INTERNATIONAL INC · Filed May 2, 2017
Insider Transaction Report
Form 4
DUMBROFF NORM
Director
Transactions
- Award
Stock Option (right to purchase)
2017-04-28+50,000→ 282,598 totalExercise: $1.35From: 2017-04-28Exp: 2027-04-28→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The options were granted under the WPCS International Incorporated 2014 Equity Incentive Plan. The 50,000 options vested immediately upon granting,. In addition, all 282,598 options owned by the Reporting Person are subject to a lock up agreement which will expire on the earlier of December 30, 2017 and a change in control of the Issuer.