Zavala Luis 5
5 · Polar Power, Inc. · Filed May 13, 2020
Insider Transaction Report
Form 5
Zavala Luis
VP Finance and Acting CFO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2019-10-01−60,000→ 30,000 totalExercise: $4.97Exp: 2028-04-02→ Common Stock (60,000 underlying)
Footnotes (1)
- [F1]On October 1, 2019, the reporting person canceled the unvested portion of his stock option to purchase up to 90,000 shares of the Issuer's common stock, which amount is equal to 60,000 shares of common stock. One-third of the shares subject to the option vested and became exercisable on April 2, 2019, and one-third of the shares subject to the option would have vested and become exercisable on each of April 2, 2020 and April 2, 2021.