5//SEC Filing
Wun Jeffrey 5
Accession 0001213900-20-003944
CIK 0001590496other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:09 PM ET
Size
8.9 KB
Accession
0001213900-20-003944
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Wun Jeffrey
DirectorCEO, President and Chairman10% Owner
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
- 447,486
Common Stock
- 117,601(indirect: Held by Dmedia Holding LP)
Common Stock
Footnotes (3)
- [F1]The reporting person holds an 85.7% interest in, and is Manager of, Dmedia LLC, the General Partner of Dmedia Holding LP. As such, the reporting person is deemed to be the beneficial owner of 2,237,428 shares held by Dmedia Holding LP by virtue of his voting and dispositive power of those shares. Through his ownership interest in Dmedia LLC, which owns an approximately 6% direct interest in Dmedia Holding LP, the reporting person also has a pecuniary interest in 117,601 shares held by Dmedia Holding LP. The reporting person disclaims beneficial ownership of the remaining 2,119,827 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 qualified stock options to purchase 3,000 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 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 0001735475
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:09 PM ET
- Size
- 8.9 KB