HARVARD BIOSCIENCE INC 4
4 · HARVARD BIOSCIENCE INC · Filed Aug 5, 2015
Insider Transaction Report
Form 4
Sun Yong
VP - Strategic Marketing
Transactions
- Award
Common Stock
2015-08-03+14,058→ 31,283 total
Footnotes (2)
- [F1]Represents a deferred stock award of 14,058 restricted stock units with performance based vesting conditions. The vesting of these restricted stock units is cliff-based and linked to the achievement of a relative total shareholder return of the Issuer's common stock from August 3, 2015 to the earlier of (i) August 3, 2018 or (ii) upon a change of control (measured relative to the Russell 3000 index and based on the 20-day trading average price before each such date). The target number of these restricted stock units that may be earned is reported above; the maximum amount is 150% of the number reported.
- [F2]Includes (a) a deferred stock award of 17,225 restricted stock units which shall vest in four equal installments on January 1, 2016, 2017, 2018 and 2019; and (b) a deferred stock award of 14,058 restricted stock units with performance based vesting conditions, which shall vest on August 3, 2018 contingent upon achievement of a performance condition tied to relative total shareholder return.