CTI GROUP HOLDINGS INC 4
4 · CTI GROUP HOLDINGS INC · Filed Apr 3, 2015
Insider Transaction Report
Form 4
Reinarts Michael J.
Director
Transactions
- Award
Restricted Stock Units
2015-04-01+50,000→ 50,000 total→ Class A Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive one share of the Class A Common Stock, par value $0.01 per share ("Common Stock"), of CTI Group (Holdings) Inc. (the "Issuer"), or, at the Issuer's election, cash or a combination of Common Stock and cash representing the value of such restricted stock unit.
- [F2]The restricted stock units vest on April 1, 2016. Delivery of Common Stock, cash or a combination of Common Stock and cash, as applicable, in settlement of any vested restricted stock unit will be delivered to the reporting person within 60 days following the vesting date of such restricted stock unit.