COOL JONATHAN 4
4 · LUNA INNOVATIONS INC · Filed May 12, 2010
Insider Transaction Report
Form 4
COOL JONATHAN
DirectorActing President and COO
Transactions
- Award
Common Stock
2010-05-10+25,531→ 27,136 total
Footnotes (2)
- [F1]This grant of restricted stock units was approved by the issuer's board of directors on May 8, 2010, with an effective grant date of May 10, 2010. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- [F2]The number of restricted stock units is equal to the quotient of $60,000 divided by $2.35 per share, which was the closing price of the issuer's common stock on the Nasdaq Capital Market on the date of grant. The shares underlying these restricted stock units are eligible for vesting in six equal monthly installments beginning one month following the grant date, subject to the reporting person's continuous service with the issuer in the capacity of Active President and Chief Operating Officer as of such vesting dates.