Pendrell Corp 4
4 · Pendrell Corp · Filed Jul 26, 2016
Insider Transaction Report
Form 4
EDNIE STEVE
VP and Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2016-07-24+1,750→ 47,156 total - Exercise/Conversion
Restricted Stock Unit Award
2016-07-24−1,750→ 1,750 totalExercise: $0.00From: 2016-07-24Exp: 2025-07-24→ Common Stock (1,750 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 3,500 restricted stock units. 1,750 restricted stock units vested on July 24, 2016. If the reporting person remains engaged, 875 restricted stock units will vest on each of July 24, 2017 and July 24, 2018.