Kim Il Yung 4
4 · DASAN ZHONE SOLUTIONS INC · Filed Oct 11, 2017
Insider Transaction Report
Form 4
Kim Il Yung
DirectorCo-Chief Executive Officer
Transactions
- Award
Employee Stock Option (Right to buy)
2017-10-10+150,000→ 150,000 totalExercise: $6.75Exp: 2027-10-09→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The option grant was approved by the Board of Directors and Compensation Committee of DASAN Zhone Solutions, Inc. on October 10, 2017, subject to stockholder approval of the DASAN Zhone Solutions, Inc. 2017 Incentive Award Plan under which the option was granted.
- [F2]The options vest in 36 equal monthly installments. If the 2017 Plan is not approved by the Company's stockholders at the 2017 annual meeting, the foregoing stock option awards will be automatically cancelled and become null and void.