DASAN ZHONE SOLUTIONS INC 4
4 · DASAN ZHONE SOLUTIONS INC · Filed Sep 13, 2016
Insider Transaction Report
Form 4
KRAMLICH C RICHARD
Director10% Owner
Transactions
- Award
Restricted Stock Unit
2016-09-09+15,000→ 15,000 total→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of DASAN Zhone Solutions, Inc. common stock.
- [F2]The restricted stock units vest in four (4) equal annual installments over the course of four years.
- [F3]Until vested the restricted stock units are subject to forfeiture in the event of termination of the directorship with DASAN Zhone Solutions, Inc.