5//SEC Filing
Lin Jan-Yuan 5
Accession 0001213900-20-003943
CIK 0001590496other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:09 PM ET
Size
9.2 KB
Accession
0001213900-20-003943
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Lin Jan-Yuan
Director
Transactions
- Award
Stock option (right to buy)
2019-07-02+6,000→ 9,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (6,000 underlying)
Holdings
- 372,905
Common Stock
- 959,230(indirect: Held by Dmedia Holding LP)
Common Stock
- 89,498(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]The reporting person holds an 42.4% interest in Dmedia Holding LP and an 7% ownership interest in Dmedia LLC, the General Partner of Dmedia Holding LP. As such, the reporting person has a pecuniary interest in 959,230 shares held by Dmedia Holding LP.
- [F2]Represents ten-year qualified stock options to purchase 6,000 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.
- [F3]Includes previously reported ten-year non-qualified stock options to purchase 3,000 shares (after reflecting 5 to 1 reverse split) at $30.25 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 will vest in three equal installments commencing on the first anniversary of the grant date.
Documents
Issuer
Aerkomm Inc.
CIK 0001590496
Entity typeother
Related Parties
1- filerCIK 0001736032
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:09 PM ET
- Size
- 9.2 KB