5//SEC Filing
Lim Colin 5
Accession 0001213900-20-003942
CIK 0001590496other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:08 PM ET
Size
12.0 KB
Accession
0001213900-20-003942
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Lim Colin
Director
Transactions
- Award
Stock option (right to buy)
2018-12-29+4,000→ 20,000 totalExercise: $13.95From: 2018-12-29Exp: 2028-12-29→ Common Stock (4,000 underlying) - Award
Stock option (right to buy)
2019-07-02+8,000→ 28,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (8,000 underlying) - Award
Stock option (right to buy)
2019-12-29+4,000→ 32,000 totalExercise: $9.00From: 2019-12-29Exp: 2029-12-29→ Common Stock (4,000 underlying)
Footnotes (4)
- [F1]Represents ten-year non-qualified stock options to purchase 4,000 shares at $13.95 per share, granted to the Reporting Person on December 29, 2018 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated December 29, 2018, which vested immediately on the grant date.
- [F2]Includes previously reported ten-year non-qualified stock options to purchase 12,000 shares at $27.50 per share, granted to the Reporting Person on December 29, 2017 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated December 29, 2017, among which 4,000 shares vested on June 20, 2017 and the remaining shares vest in equal monthly installments over a period of three years. Also includes previously reported ten-year non-qualified stock options purchase 4,000 shares at $30.00 per share, granted to the Reporting Person on December 29, 2017 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated December 29, 2017, which vested immediately on the grant date.
- [F3]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.
- [F4]Represents ten-year non-qualified stock options to purchase 4,000 shares at $9.00 per share, granted to the Reporting Person on December 29, 2019 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated December 29, 2019, which vests in equal monthly installments over a period of one year.
Documents
Issuer
Aerkomm Inc.
CIK 0001590496
Entity typeother
Related Parties
1- filerCIK 0001736030
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:08 PM ET
- Size
- 12.0 KB