Forman Alan N 4/A
4/A · B. Riley Financial, Inc. · Filed Dec 8, 2020
Insider Transaction Report
Form 4/AAmended
Forman Alan N
EVP, General Counsel, Sec
Transactions
- Exercise/Conversion
Performance Restricted Stock Units
2020-12-03−50,000→ 0 total→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each performance restricted stock unit represented the right to receive a share of Common Stock upon the Issuer achieving Total Shareholder Return (TSR) of $35.00 (including reinvestment of dividends) (as defined in the 2009 Stock Incentive Plan) within three (3) years of the grant date. These shares are subject to a 2-year restriction on sale or transfer.
- [F2]Original Form 4 inadvertently reported the PRSUs as an acquisition instead of a disposition.