4//SEC Filing
Abada Yoram 4
Accession 0001213900-21-018745
CIK 0001355839other
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 5:03 PM ET
Size
6.4 KB
Accession
0001213900-21-018745
Insider Transaction Report
Form 4
PALTALK, INC.PALT
ABADA RAMI
Director
Transactions
- Award
Stock Option (Right to Buy)
2021-03-26+8,000→ 8,000 totalExercise: $3.20From: 2021-03-31Exp: 2031-03-25→ Common Stock (8,000 underlying)
Footnotes (1)
- [F1]The stock option was granted pursuant to a stock option agreement dated March 26, 2021 (the "Option Agreement"). The shares underlying this stock option will vest and become exercisable in four equal quarterly installments on the last day of each calendar quarter in 2021, as long as the reporting person is providing services to Paltalk, Inc. on such dates; provided, that upon the effective date of a "change in control" (as defined in the Paltalk, Inc. 2016 Long-Term Incentive Plan), 50% of the then-unvested shares immediately will vest on the date of the change in control and the remaining 50% of the then-unvested shares will vest on the earlier of (i) the original date such shares would have vested or (ii) the first and second anniversaries of the date of the change in control in equal installments, in each case subject to the terms and conditions of the Option Agreement.
Documents
Issuer
PALTALK, INC.
CIK 0001355839
Entity typeother
Related Parties
1- filerCIK 0001100712
Filing Metadata
- Form type
- 4
- Filed
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 5:03 PM ET
- Size
- 6.4 KB