CTI GROUP HOLDINGS INC 4

4 · CTI GROUP HOLDINGS INC · Filed May 18, 2015

Form 4

Period: 2015-05-14

Director

Transactions

Exercise/Conversion
Restricted Stock Units
2015-05-14−50,000→ 0 total
From: 2015-04-01Exp: 2015-04-01→ Class A Common Stock (50,000 underlying)
Exercise/Conversion
Class A Common Stock
2015-05-14+50,000→ 2,867,458 total
Exercise/Conversion
Class A Common Stock
2015-05-14+33,333→ 2,900,791 total
Exercise/Conversion
Restricted Stock Units
2015-05-14−33,333→ 66,667 total
From: 2015-04-01→ Class A Common Stock (33,333 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. On May 14, 2015, all of the reporting person's restricted stock units which vested on April 1, 2015 were settled in Common Stock.
[F2]The restricted stock units vest in three equal annual installments beginning April 1, 2015, so long as the reporting person is a director serving on the Issuer's Board of Directors as of the applicable vesting date.

Documents

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