Thangadurai George 4
4 · Borqs Technologies, Inc. · Filed Aug 22, 2017
Insider Transaction Report
Form 4
Thangadurai George
EVP & President of Inter. Bus
Transactions
- Award
Stock Option (Right to Buy)
2017-08-18+94,468→ 94,468 totalExercise: $4.86Exp: 2024-11-20→ Ordinary Shares (94,468 underlying) - Award
Stock Option (Right to Buy)
2017-08-18+47,234→ 47,234 totalExercise: $4.86Exp: 2025-02-06→ Ordinary Shares (47,234 underlying)
Footnotes (2)
- [F1]Received in exchange for a stock option to acquire 1,000,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger"). The options became vested as to 1/4 of the total grant on November 21, 2015, and an additional 1/48 of the total grant vests each month thereafter.
- [F2]Received in the Merger in exchange for a stock option to acquire 500,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.