Bornstein Steven 4
4 · SITO MOBILE, LTD. · Filed Sep 12, 2017
Insider Transaction Report
Form 4
Bornstein Steven
Director
Transactions
- Award
Common Stock
2017-09-08$4.04/sh+9,282$37,499→ 18,564 total - Award
Common Stock
2017-09-08$4.04/sh+9,282$37,499→ 9,282 total
Footnotes (3)
- [F1]Each restricted stock unit (each, an "RSU") represents the contingent right to receive one share of the Issuer's Common Stock. RSUs may be settled in common stock or cash, at the election of the Issuer.
- [F2]Such RSUs will vest on the date of the Issuer's annual meeting of stockholders in 2018, subject to continued service on the board of directors.
- [F3]Such RSU's will vest as to 50% of such RSUs on June 1, 2018 and as to the remaining 50% of such RSUs on June 1, 2019, subject to continued service on the board of directors.