Akeroyd Kevin D 4
4 · CISION LTD. · Filed Aug 6, 2019
Insider Transaction Report
Form 4
CISION LTD.CISN
Akeroyd Kevin D
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2019-08-02+178,000→ 178,000 total→ Ordinary Shares (178,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one ordinary share of Cision Ltd.
- [F2]50% of the restricted stock units vest on January 30, 2021 and the remaining 50% vest in six equal quarterly installments beginning March 31, 2021. Vested shares will be delivered within thirty days following the vesting of the restricted stock units, when, subject to any trading restriction, the reporting person will receive the number of ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date, less any shares withheld to satisfy federal, state, local and foreign taxes of any kind.