NUMEREX CORP /PA/ 4
4 · NUMEREX CORP /PA/ · Filed May 25, 2016
Insider Transaction Report
Form 4
NICOLAINES STRATTON J
DirectorCEO, Chairman of the Board
Transactions
- Tax Payment
Common Stock
2016-05-16$7.40/sh−1,880$13,912→ 139,734 total - Tax Payment
Common Stock
2015-05-16$9.00/sh−1,551$13,959→ 136,535 total
Footnotes (1)
- [F1]Mr. Nicolaides was granted 19,000 restricted stock units on May 16, 2014. Each restricted stock unit represents a contingent right to receive one share of Numerex Corp Common Stock (NMRX). The restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date. The closing share price of the company's stock on the date of grant was $10.95.