Kuo Yuyun Tristan 5
5 · Aerkomm Inc. · Filed Feb 14, 2020
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Kuo Yuyun Tristan
Chief Financial Officer
Transactions
- Award
Stock option (right to buy)
2019-07-02+120,000→ 180,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (120,000 underlying)
Footnotes (2)
- [F1]Represents ten-year qualified stock options to purchase 120,000 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 qualified stock options to purchase 60,000 shares (after reflecting 5 to 1 reverse split) at $27.50 per share, granted to the Reporting Person on June 23, 2017 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated June 23, 2017, which 15,000 vested on June 23, 2017 and the remaining shares vest in equal monthly installments over a period of 3 years.