4//SEC Filing
HILL DAILY S 4
Accession 0001181431-09-054991
CIK 0000771266other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 6:49 PM ET
Size
7.1 KB
Accession
0001181431-09-054991
Insider Transaction Report
Form 4
KOPIN CORPKOPN
HILL DAILY S
Senior Vice President
Transactions
- Award
Common Stock
2009-12-01+15,000→ 135,522 total - Award
Common Stock
2009-12-01+9,935→ 145,457 total
Footnotes (2)
- [F1]Vesting of Stock, 50% on December 10, 2011 and 50% on December 10, 2013.
- [F2]The common stock is subject to certain forfeiture provisions. Some, all or none of the shares vest upon the achievement of certain financial milestones and the employee remaining employed by the Company as of certain specified dates. The number of shares of restricted stock the employee is eligible to receive is based on the level of financial milestone achieved through December 25, 2010. In addition to achievement of the financial milestones the employee must remain employed by the Company. Assuming the financial milestones are met, 50% of the shares the employee is eligible to receive will vest if they remain with the Company through December 10, 2010 and the remaining 50% will vest if the employee remains employed through December 10, 2011. Shares which are not earned or do not vest will be forfeited. The number of shares shown assumes the achievement of all financial milestones and full vesting.
Documents
Issuer
KOPIN CORP
CIK 0000771266
Entity typeother
Related Parties
1- filerCIK 0001251763
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 6:49 PM ET
- Size
- 7.1 KB