4//SEC Filing
Blanche Michael Jon 4
Accession 0001192482-17-000297
CIK 0001157817other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 4:19 PM ET
Size
5.5 KB
Accession
0001192482-17-000297
Insider Transaction Report
Form 4
Blanche Michael Jon
Chief Technology Officer
Transactions
- Award
Common Stock
2017-11-30+75,000→ 75,000 total
Footnotes (2)
- [F1]The restricted stock units ("RSUs") will vest with respect to (A) 20% of such RSUs in the event the average closing price of SITO Mobile, Ltd.'s (the "Issuer") common stock is at least $7.00 per share for 65 consecutive trading days, (B) an additional 30% of such RSUs in the event the average closing price of the Issuer's common stock is at least $10.00 per share for 65 consecutive trading days and (C) the remaining 50% of such RSUs in the event the average closing price of the Issuer's common stock is at least $15.00 per share for 65 consecutive trading days. RSUs may be settled in common stock or cash, at the election of the Issuer.
- [F2]Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock.
Documents
Issuer
SITO MOBILE, LTD.
CIK 0001157817
Entity typeother
Related Parties
1- filerCIK 0001705134
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 4:19 PM ET
- Size
- 5.5 KB