Hsu Chih-Ming 5
5 · Aerkomm Inc. · Filed Feb 14, 2020
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Hsu Chih-Ming
Director
Transactions
- Award
Stock option (right to buy)
2019-07-02+8,000→ 8,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (8,000 underlying)
Holdings
- 3,312
Common Stock
Footnotes (1)
- [F1]Represents ten-year 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.