DAVIDSON PETER WARNER 4/A
4/A · Envision Solar International, Inc. · Filed Oct 3, 2019
Insider Transaction Report
Form 4/AAmended
DAVIDSON PETER WARNER
Director
Transactions
- Disposition to Issuer
Common Stock
2019-10-01+2,500→ 30,000 total - Award
Common Stock
2016-12-31+30,000→ 32,500 total - Award
Common Stock
2019-10-01+12,500→ 42,500 total
Footnotes (4)
- [F1]Reflects the 50 for 1 reverse split that became effective on April 15, 2019.
- [F2]Envision Solar International, Inc. (the "Company") granted Mr. Davidson a restricted stock award of 30,000 shares which vest as follows so long as Mr. Davidson is continuing to provide services to the Company: 15,000 of these shares vest 1/36 per month for three years and 15,000 will vest upon the achievement of certain performance criteria to be agreed upon by the Company's Board of Directors.
- [F3]The Company and Mr. Davidson agreed to terminate 2,500 shares of restricted common stock that remain unvested as of October 1, 2019.
- [F4]The Company granted Mr. Davidson a restricted stock award of 12,500 shares of common stock which vest over one year in four equal installments at the end of each quarter starting on December 31, 2019 so long as Mr. Davidson is continuing to provide services to the Company.