Ener-Core, Inc. 4
4 · Ener-Core, Inc. · Filed Apr 6, 2017
Insider Transaction Report
Form 4
Ener-Core, Inc.ENCR
Domonic Carney J
Chief Financial Officer
Transactions
- Award
Common Stock
2017-04-04+52,500→ 60,167 total - Award
Stock Option (right to buy)
2017-04-04+52,500→ 52,500 totalExercise: $2.50Exp: 2027-04-04→ Common Stock (52,500 underlying)
Footnotes (2)
- [F1]The common stock vests as follows: (i) 25% on or before March 31, 2018, (ii) 25% on March 31, 2018, (iii) 25% on March 31, 2019, and (iv) 25% on March 31, 2020.
- [F2]The option becomes exercisable as follows: (i) 5/16 of the total number of shares underlying the option are vested on the grant date and (ii) 1/48 of the total number of shares underlying the option will become vested after each month thereafter.