Hashemi Hamid 4
4 · iPic Entertainment Inc. · Filed May 17, 2018
Insider Transaction Report
Form 4
Hashemi Hamid
DirectorPresident, CEO & Chairman10% Owner
Transactions
- Tax Payment
Class A Common Stock
2018-05-15$7.27/sh−51,995$378,004→ 77,598 total(indirect: See footnote)
Footnotes (2)
- [F1]On December 6, 2017, iPic Entertainment Inc. granted Hashemi Holdings, LLC 129,593 Restricted Stock Units ("RSUs"). The RSUs vested on May 15, 2018. Each RSU is equivalent to one share of Class A Common Stock of iPic Entertainment Inc. Hashemi Holdings, LLC elected to satisfy its tax obligation by surrendering shares of Class A Common Stock having a value on the date of the vesting equal to the witholding obligation.
- [F2]These shares are held by Hashemi Holdings, LLC. The reporting person is the sole stockholder of Hashemi Holdings, LLC and has sole voting and dispositive control over the shares reported on this form that are owned by Hashemi Holdings, LLC.