ELSTER ADAM 4
4 · Majesco · Filed Oct 2, 2019
Insider Transaction Report
Form 4
MajescoMJCO
ELSTER ADAM
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-10-01−100,000→ 200,000 total→ Common stock (100,000 underlying) - Exercise/Conversion
Common Stock
2019-10-01+100,000→ 100,000 total - Tax Payment
Common Stock
2019-10-01$8.13/sh−49,250$400,403→ 50,750 total
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]49,250 shares of the Issuer's common stock were withheld by the Issuer to cover required tax withholdings.
- [F3]On October 1, 2018, the Reporting Person was granted 300,000 restricted stock units (the "RSUs") pursuant to the Issuer's 2015 Equity Incentive Plan which RSUs vest in three equal installments on the first, second and third anniversaries of the date of grant.