AROTECH CORP 4
4 · AROTECH CORP · Filed Dec 29, 2014
Insider Transaction Report
Form 4
AROTECH CORPARTX
ESSES STEVEN D
DirectorPresident and COO
Transactions
- Award
Common Stock
2014-12-23+100,000→ 1,191,480 total
Footnotes (2)
- [F1]Restricted stock, vesting one-third contingent on continued employment on December 31, 2015 and two-thirds contingent on continued employment on December 31, 2015 and on the achievement of future performance criteria.
- [F2]Includes 325,000 unvested restricted shares, the vesting of 116,667 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.