Ahern Chris 4
4 · ZAGG Inc · Filed Mar 8, 2018
Insider Transaction Report
Form 4
ZAGG IncZAGG
Ahern Chris
Pres., mophie & International
Transactions
- Award
Restricted Stock Units
2018-03-07+45,161→ 45,161 total→ Common Stock (45,161 underlying) - Exercise/Conversion
Common Stock
2018-03-07+25,806→ 123,725 total - Exercise/Conversion
Restricted Stock Units
2018-03-07−25,806→ 19,355 total→ Common Stock (25,806 underlying) - Disposition to Issuer
Common Stock
2018-03-07$15.50/sh−25,806$399,993→ 97,919 total
Footnotes (3)
- [F1]On March 7, 2018, the issuer granted to the reporting person 45,161 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of issuer's common stock, except that the reporting person has the right at any time following the grant to settle up to $400,000 of the restricted stock units for cash.
- [F2]Subject to the reporting person's right to settle up to $400,000 of the restricted stock units for cash at any time following the grant, the restricted stock units vest in three equal installments on each of the first, second and third anniversaries of the grant date.
- [F3]On March 7, 2018, the reporting person settled 25,806 restricted stock units for cash.