RIVAS MARIO 4
4 · Transphorm, Inc. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
Transphorm, Inc.TGAN
RIVAS MARIO
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2021-12-15+28,000→ 133,620 total - Award
Stock Option (right to buy)
2021-12-15+42,000→ 42,000 totalExercise: $7.99From: 2022-11-15Exp: 2031-12-15→ Common Stock (42,000 underlying)
Footnotes (2)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). One third (1/3) of the RSUs will vest on each of November 15, 2022, November 15, 2023 and November 15, 2024, in each case subject to the Reporting Person's continued status as a Service Provider to the Issuer through each vesting date.
- [F2]One-third (1/3) of the shares subject to the option will vest on November 15, 2022, and the remaining shares vest in equal monthly installments over the following 24 months, subject to the Reporting Person's continued service as of each such vesting date.