CTI GROUP HOLDINGS INC 4
4 · CTI GROUP HOLDINGS INC · Filed May 18, 2015
Insider Transaction Report
Form 4
HANUSCHEK MANFRED
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-05-14−32,052→ 64,104 totalFrom: 2015-04-01→ Class A Common Stock (32,052 underlying) - Exercise/Conversion
Class A Common Stock
2015-05-14+32,052→ 57,052 total - Tax Payment
Class A Common Stock
2015-05-14$0.52/sh−10,680$5,554→ 46,372 total
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 in three equal annual installments beginning April 1, 2015, so long as the reporting person is employed by the Issuer or one of its subsidiaries as of the applicable vesting date.