AROTECH CORP 4
4 · AROTECH CORP · Filed Nov 14, 2014
Insider Transaction Report
Form 4
AROTECH CORPARTX
ESSES STEVEN D
DirectorPresident and COO
Transactions
- Award
Common Stock
2014-11-14+125,000→ 1,091,480 total
Footnotes (2)
- [F1]Restricted stock issued pursuant to Mr. Esses's employment agreement dated November 14, 2014, vesting in three equal tranches on December 31, 2015, 2016 and 2017.
- [F2]Includes 225,000 unvested restricted shares, the vesting of 50,000 of which is subject to future performance criteria, and 273,973 shares issued to a trust and to be held in such trust until such time as Mr. Esses shall be entitled to payment of his severance package.