Nova Lifestyle, Inc. 4
4 · Nova Lifestyle, Inc. · Filed Jul 28, 2015
Insider Transaction Report
Form 4
Viotto Michael J
Director
Transactions
- Award
Common stock
2015-03-24$3.28/sh+12,195$40,000→ 16,195 total
Footnotes (1)
- [F1]The Board of Directors of the Company granted restricted shares of common stock equal to the number of shares that are valued at $40,000 at $3.28 per share. The restricted period shall lapse as to 25% of the restricted stock on September 30, 2015, December 31, 2015, March 31, 2016 and June 30, 2016, subject to the grantee remaining in the continuous service of the Company on each applicable date.