CTI GROUP HOLDINGS INC 4
4 · CTI GROUP HOLDINGS INC · Filed Apr 3, 2015
Insider Transaction Report
Form 4
HANUSCHEK MANFRED
Chief Financial Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2015-04-01+400,000→ 400,000 totalExercise: $0.52Exp: 2025-03-31→ Class A Common Stock (400,000 underlying) - Award
Restricted Stock Units
2015-04-01+63,345→ 63,345 total→ Class A Common Stock (63,345 underlying)
Footnotes (3)
- [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 in three equal annual installments beginning 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.
- [F3]The option vests in three equal annual installments beginning on April 1, 2016.