ARC Group Worldwide, Inc. 4
4 · ARC Group Worldwide, Inc. · Filed Feb 14, 2017
Insider Transaction Report
Form 4
Young Jason Taney
DirectorCEOOther
Transactions
- Award
Stock Option (Right to Buy)
2017-02-10+371,925→ 587,850 totalExercise: $4.40Exp: 2027-02-10→ Common Stock (371,925 underlying)
Holdings
- 427,306
Common Stock
Footnotes (2)
- [F1]The grant shall vest in its entirety on the date on which the closing price of the ARC Group Worldwide, Inc. (the Company) common stock on five or more consecutive trading days, as reported on the Nasdaq Stock Market, is equal to or greater than two times the exercise price, as long as such date is on or prior to December 31, 2018.
- [F2]Includes (i) an incentive stock option exercisable for the purchase of 156,750 shares, granted on January 15, 2016, of which 20% vested on January 15, 2016 and the balance will vest in equal increments of 20% of the total award on each anniversary thereof; (ii) an incentive stock option exercisable for the purchase of 59,175 shares, granted and fully vested as of August 26,2016; and (iii) an incentive stock option for the purchase of 371,925 shares granted on February 10, 2017, which vests on the date in which the closing price of the Company's common stock on five or more consecutive trading days, is equal to or greater than two times the exercise price, as long as such date is on or prior to December 31, 2018.