4//SEC Filing
Ghosh Amalkumar 4
Accession 0001179110-22-003200
CIK 0001046995other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:40 PM ET
Size
10.0 KB
Accession
0001179110-22-003200
Insider Transaction Report
Form 4
EMAGIN CORPEMAN
Ghosh Amalkumar
Senior V. P., R&D
Transactions
- Exercise/Conversion
Common Stock
2022-06-01+7,342→ 46,446 total - Exercise/Conversion
Restricted Stock Units
2022-06-01+7,342→ 36,710 total→ Common Stock (7,342 underlying) - Sale
Common Stock
2022-06-01$0.67/sh−3,075$2,047→ 43,371 total
Footnotes (4)
- [F1]The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The shares were issued pursuant to vested RSUs.
- [F2]The sales reported represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.651 to $0.685 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Represents the settlement of vested RSUs. The Reporting Person was previously granted 44,052 RSUs that represent a contingent right to receive one share Common Stock for each RSU. Half, or 22,026 of the previously granted RSU's are performance based and vest over a three-year period subject to achievement of certain performance conditions. The remaining RSUs are subject to a three-year service-based vesting requirement, vesting in equal installments over the three years. 1/3 of the service-based RSUs vested on June 1, 2022 and the remaining RSUs will vest in equal installments over the remaining two years, subject to the Reporting Person's continuous service with the issuer.
Documents
Issuer
EMAGIN CORP
CIK 0001046995
Entity typeother
Related Parties
1- filerCIK 0001520490
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 7:40 PM ET
- Size
- 10.0 KB