LI XINHAI 4
4 · Highpower International, Inc. · Filed Sep 26, 2017
Insider Transaction Report
Form 4
LI XINHAI
Director
Transactions
- Award
Common Stock
2017-09-22+15,000→ 30,000 total
Footnotes (2)
- [F1]Award of shares of restricted common stock (the "Shares") pursuant to the provisions of Issuer's 2008 Omnibus Incentive Plan. Such award is part of Reporting Person's compensation as a director of Issuer.
- [F2]The Shares vest over a three year period on the anniversary date of the grant at 30%, 30% and 40%, respectively. On the first anniversary of the grant, 30% of the Shares vest, and thereafter on each subsequent anniversary date of the grant, the Shares vest in equal installments on a 1/12th basis each month per year for the applicable percentage.