SITO MOBILE, LTD. 4
4 · SITO MOBILE, LTD. · Filed Dec 23, 2016
Insider Transaction Report
Form 4
Hug, Gerard Francis
DirectorChief Executive Officer
Transactions
- Award
Options to Purchase Common Stock
2016-12-22+150,000→ 739,009 totalExercise: $3.46Exp: 2023-12-22→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]The options granted are performance options and shall vest and become exercisable in 1/3 increments over a three-year period commencing on the first anniversary of the date of grant. The maximum number of options subject to the grant shall be 150,000. The number of options to be received by the Reporting Person is dependent upon the achievement of certain corporate goals, determined by the Compensation Committee of the Issuer.