Straight Path Communications Inc. 4
4 · Straight Path Communications Inc. · Filed Jun 21, 2016
Insider Transaction Report
Form 4
PI ZHOUYUE
Chief Technology Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-06-17$50000.00/sh+21,756$1,087,800,000→ 21,756 totalExercise: $50.00Exp: 2019-06-16→ Class B Common Stock (21,756 underlying)
Holdings
- 80,663
Class B Common Stock, par value $.01 per share
Footnotes (3)
- [F1]Consists of shares of Class B Common Stock, 10,633 of which are held directly and 70,000 restricted shares which vest as follows: 30,000 shares on each of October 16, 2016 and October 16, 2017; and 10,000 shares that vest on October 16, 2018.
- [F2]The options will vest and become exercisable ratably over the 12-month period commencing July 1, 2016.
- [F3]These options were received in lieu of cash compensation.