4//SEC Filing
Lin Xiaojuan 4
Accession 0001144204-18-042406
CIK 0001711012other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 3:32 PM ET
Size
6.5 KB
Accession
0001144204-18-042406
Insider Transaction Report
Form 4
Lin Xiaojuan
Director
Transactions
- Award
Restricted Stock Units
2018-08-03+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock at settlement subject to the terms and conditions set forth in the award of such RSUs by Senmiao Technology Limited (the "Company") to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement (the "Agreement").
- [F2]The RSUs vest in four equal quarterly installments on August 3, 2018, April 1, 2019, July 1, 2019 and October 1, 2019 or in full upon the occurrence of a change in control of the Company, subject to the terms and conditions set forth in the Agreement, provided that the Reporting Person remains in service as a director through the applicable vesting date. RSUs shall be settled by the Company's issuance of a share of common stock in certificated or uncertificated form upon the earlier of a (i) change in control and (ii) the Reporting Person's cessation as a director of the Company due to a "separation of service" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, or the Reporting Person's death or disability.
Documents
Issuer
Senmiao Technology Ltd
CIK 0001711012
Entity typeother
Related Parties
1- filerCIK 0001734680
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 3:32 PM ET
- Size
- 6.5 KB