EnSync, Inc. 4
4 · EnSync, Inc. · Filed Nov 16, 2016
Insider Transaction Report
Form 4
EnSync, Inc.ESNC
Birnbaum Manfred E
Director
Transactions
- Award
Restricted Stock Units
2016-11-14+72,727→ 72,727 totalExercise: $0.00→ Common Stock (72,727 underlying) - Exercise/Conversion
Common Stock
2016-11-14+18,182→ 377,587 total - Exercise/Conversion
Restricted Stock Units
2016-11-14−18,182→ 54,545 totalExercise: $0.00→ Common Stock (18,182 underlying)
Footnotes (4)
- [F1]Represents shares acquired upon vesting of a restricted stock unit award.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock. Restricted stock units that become earned and vested are payable at the earlier of (i) vesting and (ii) the date of a change in control.
- [F3]Represents a restricted stock unit award granted pursuant to the Company's director compensation policy.
- [F4]The restricted stock units vest as follows: 25% on the date of grant and the remaining units vest in three equal installments on each of March 31, 2017, June 30, 2017 and September 30, 2017, respectively.