LOJACK CORP 4
4 · LOJACK CORP · Filed Aug 18, 2015
Insider Transaction Report
Form 4
LOJACK CORPLOJN
Dumas Kenneth L
SVP, CFO & Treasurer
Transactions
- Award
Common Stock
2015-08-14+7,500→ 63,483 total - Award
Employee Stock Option (right to buy)
2015-08-14$3.54/sh+2,500$8,850→ 2,500 totalExercise: $3.54Exp: 2022-08-14→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder.
- [F2]These shares vest in three installments. Fifty percent vest 6 months from the date of grant, thirty percent vest on the first anniversary of the date of grant and the remaining twenty percent vest 18 months from date of grant, which was August 14, 2015.
- [F3]These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The Employee stock options vest in three installments with fifty percent vesting 6 months after the date of grant, thirty percent on the first anniversary of the date of grant, and twenty percent 18 months after the date of grant which was August 14, 2015.