INSIGNIA SYSTEMS INC/MN 4
4 · INSIGNIA SYSTEMS INC/MN · Filed Jun 11, 2015
Insider Transaction Report
Form 4
Gonsior John
VP Finance and CFO
Transactions
- Award
Incentive Stock Option
2015-06-09$2.82/sh+40,000$112,800→ 40,000 totalExercise: $2.82From: 2016-06-09Exp: 2025-06-09→ Common Stock (40,000 underlying) - Award
Restricted Stock Units
2015-06-09+6,000→ 6,000 total→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Exercisable in annual one-third increments on the first, second, and third anniversaries of the date of this option grant.
- [F2]Each restricted stock unit represents a contingent right to receive one share of ISIG common stock.
- [F3]The restricted stock units vest in three equal annual installments beginning June 9, 2016 and will be delivered to reporting person on vest date.