SPARK NETWORKS INC 4
4 · SPARK NETWORKS INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
BARBA LEE K
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-09-30−5,573→ 5,573 total→ Common Stock (5,573 underlying) - Exercise/Conversion
Common Stock
2016-09-30+5,573→ 42,958 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Spark Networks, Inc.'s common stock.
- [F2]These shares represent a grant of restricted stock units under the Company's 2007 Omnibus Incentive Plan on July 25, 2016. This grant was made in lieu of cash fees for non-employee director service on the Company's board of directors for the third and fourth quarters of 2016. Fifty percent (50%) of the restricted stock units subject to the award vest at the end of the third quarter on September 30, 2016, and the remaining fifty percent (50%) vest at the end of the fourth quarter on December 31, 2016, subject to the reporting person's continuous service as a director.
- [F3]Not applicable.