OPTICAL CABLE CORP 4
4 · OPTICAL CABLE CORP · Filed Apr 5, 2016
Insider Transaction Report
Form 4
WEBER CRAIG H
Director
Transactions
- Award
Common Stock
2016-04-01+23,672→ 160,954 total
Footnotes (1)
- [F1]Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 8,608 common shares issued under the issuer's Second Amended and Restated 2011 Stock Incentive Plan for the stock portion of the annual retainer for the 2016-2017 board year. Directors also are entitled to elect to take up to 100% of their annual cash retainer in stock. Director has elected to receive 100% of his annual cash retainer in stock which equates to 15,064 common shares.