CHAN ANTHONY K 4
4 · Borqs Technologies, Inc. · Filed Aug 22, 2017
Insider Transaction Report
Form 4
CHAN ANTHONY K
Executive Director of Finance10% Owner
Transactions
- Award
Ordinary Shares
2017-08-18+11,724→ 11,724 total - Award
Stock Option (Right to Buy)
2017-08-18+188,937→ 188,937 totalExercise: $7.18Exp: 2027-02-11→ Ordinary Shares (188,937 underlying)
Footnotes (2)
- [F1]Received in exchange for 150,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger").
- [F2]Received in the Merger in exchange for a stock option to acquire 2,000,000 ordinary shares of Borqs. 43.75% of the options vested on February 12, 2017, and the remaining 56.25% of the options vests in equal increments monthly over 27 months beginning January 1, 2017.