MAISEL DAVID 4
4 · GAIA, INC · Filed Oct 28, 2019
Insider Transaction Report
Form 4
GAIA, INCGAIA
MAISEL DAVID
Director
Transactions
- Award
Restricted Stock Units
2019-10-24+3,900→ 3,900 total→ Class A Common Stock (3,900 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2019-10-24−60,000→ 90,000 totalExercise: $7.81Exp: 2026-09-08→ Class A Common Stock (60,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The unvested portion of the option was canceled by mutual agreement of the reporting person and the issuer in connection with the issuer's grant of restricted stock units to the reporting person. The remaining options outstanding are vested and available for exercise.
- [F3]The RSUs vest on the date of the Annual Shareholder Meeting in April 2020, subject to continued services as a Director. Vested Class A Common Stock will be delivered to the reporting person within sixty days following the date on which the RSUs vest.