Furukawa Tom 4
4 · LOGIQ, INC. · Filed Dec 2, 2020
Insider Transaction Report
Form 4
LOGIQ, INC.LGIQ
Furukawa Tom
CHIEF EXECUTIVE OFFICER
Transactions
- Award
Restricted Stock Unit
2020-12-01+200,000→ 200,000 total→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of LGIQ common stock. The closing price of LQIQ on December 1, 2020 was $8.58.
- [F2]Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each 6 month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service.