5//SEC Filing
Akumiah Richmond 5
Accession 0001213900-20-003934
CIK 0001590496other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:05 PM ET
Size
6.6 KB
Accession
0001213900-20-003934
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Akumiah Richmond
Director
Transactions
- Award
Stock option (right to buy)
2019-07-02+8,000→ 12,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]Represents ten-year non-qualified stock options to purchase 8,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated July 2, 2019. The options will vest 25% upon the date of issuance of the grant, 25% upon the date the Company obtains from the AMF a visa on the Company's European listing prospectus, 25% upon the first anniversary of the date of issuance of the grant, and 25% upon the second anniversary of the date of issuance of the grant; except that, if the Company does not obtain from the AMF a visa on the Company's European listing prospectus, the stock options shall vest according to the following schedule: 25% upon the date of issuance of the grant, 50% upon the first anniversary of the date of issuance of the grant, and 25% upon the second anniversary of the date of issuance of the grant.
- [F2]Includes previously reported ten-year non-qualified stock options to purchase 4,000 shares (after reflecting 5 to 1 reverse split) at $25.45 per share, granted to the Reporting Person on September 16, 2018 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated September 16, 2018, which vested immediately on the grant date.
Documents
Issuer
Aerkomm Inc.
CIK 0001590496
Entity typeother
Related Parties
1- filerCIK 0001758214
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:05 PM ET
- Size
- 6.6 KB