AROTECH CORP 4
4 · AROTECH CORP · Filed Feb 1, 2017
Insider Transaction Report
Form 4
AROTECH CORPARTX
Paup Thomas J
Vice President-Finance and CFO
Transactions
- Tax Payment
Common Stock
2017-01-30$4.11/sh−4,300$17,694→ 330,726 total - Exercise/Conversion
Common Stock
2017-01-31+20,000→ 335,026 total - Exercise/Conversion
Restricted Stock Units
2017-01-30−20,000→ 60,000 totalExercise: $0.00From: 2017-01-01Exp: 2026-12-31→ Common Stock (20,000 underlying)
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 vested 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 on 01/30/2017 due to vesting of restricted stock units.