Pendrell Corp 4
4 · Pendrell Corp · Filed Jul 26, 2016
Insider Transaction Report
Form 4
DOZOIS TIMOTHY M
Acting Corporate Secretary
Transactions
- Exercise/Conversion
Class A Common Stock
2016-07-24+10,000→ 198,728 total - Exercise/Conversion
Restricted Stock Unit Award
2016-07-24−10,000→ 10,000 totalExercise: $0.00From: 2016-07-24Exp: 2025-07-24→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Vested restricted stock units were distributed to the Reporting Person, without payment, in shares of Class A Common Stock on a unit-for-share basis on the vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- [F3]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- [F4]On July 24, 2015, the reporting person was granted 20,000 restricted stock units. 10,000 restricted stock units vested on July 24, 2016. If the reporting person remains engaged, 5,000 restricted stock units will vest on each of July 24, 2017 and July 24, 2018.