AROTECH CORP 4
4 · AROTECH CORP · Filed Apr 22, 2015
Insider Transaction Report
Form 4
AROTECH CORPARTX
Paup Thomas J
Vice President-Finance and CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-04-21−50,000→ 60,000 totalExercise: $0.00From: 2014-12-31Exp: 2024-12-31→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2015-04-21+50,000→ 316,896 total - Tax Payment
Common Stock
2015-04-20$3.10/sh−10,411$32,274→ 306,485 total - Tax Payment
Common Stock
2015-04-20$3.03/sh−6,059$18,359→ 300,426 total
Footnotes (5)
- [F1]Issuance of shares upon vesting of restricted stock units.
- [F2]Does not include 60,000 unvested restricted stock units, the vesting of 40,000 of which is subject to future performance criteria.
- [F3]Sale of shares in order to pay tax on vesting of restricted stock units.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F5]Removal of restrictions and issuance of stock due to vesting of restricted stock units.