Parikh Primit 4
4 · Transphorm, Inc. · Filed Sep 1, 2023
Insider Transaction Report
Form 4
Transphorm, Inc.TGAN
Parikh Primit
Chief Operating Officer
Transactions
- Award
Stock Option (right to buy)
2023-08-30+192,000→ 192,000 totalExercise: $2.80From: 2024-09-01Exp: 2033-08-30→ Common Stock (192,000 underlying) - Award
Common Stock
2023-08-30+288,000→ 510,159 total
Footnotes (2)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). One twelfth (1/12) of the RSUs will vest on September 1, 2024, and the remaining RSUs vest in equal quarterly installments over the following 11 quarters, subject to the Reporting Person's continued service as of each such vesting date.
- [F2]One-fourth (1/4) of the shares subject to the option will vest on September 1, 2024, and the remaining shares vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service as of each such vesting date.