Lucatz David 4/A
4/A · MICT, Inc. · Filed Jul 6, 2020
Insider Transaction Report
Form 4/AAmended
MICT, Inc.MICT
Lucatz David
DirectorCEO and President10% Owner
Transactions
- Award
Common Stock
2020-07-01+400,000→ 400,000 total - Award
Stock Option (right to buy)
2020-07-01+300,000→ 300,000 totalExercise: $1.41From: 2020-07-01Exp: 2021-10-01→ Common Stock (300,000 underlying)
Holdings
- 1,234,200(indirect: Held by D.L. Capital Ltd.)
Common Stock
Footnotes (2)
- [F1]The shares of common stock were issued to David Lucatz as a one-time bonus payment on July 1, 2020 upon the closing (the "Closing") of the transactions contemplated by the Amended and Restated Agreement and Plan of Merger by and among the Company, MICT Merger Subsidiary, Inc., GFH Intermediate Holdings Ltd. and Global Fintech Holdings, Ltd., dated April 15, 2020 ("Merger Transaction"), pursuant to the Separation Agreement dated as of April 2, 2020, by and between the Company and David Lucatz.
- [F2]The option vested in full on July 1, 2020 immediately upon the Closing of the Merger Transaction. The option shall terminate on October 1, 2021, fifteen (15) months from the Closing of the Merger Transaction.