4//SEC Filing
Krutz Joel 4
Accession 0001213900-21-065898
CIK 0001761696other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 12:17 PM ET
Size
6.4 KB
Accession
0001213900-21-065898
Insider Transaction Report
Form 4
Krutz Joel
DirectorCFO and COO
Transactions
- Award
Restricted Stock Unit
2021-09-29+400,000→ 400,000 total→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]Granted pursuant to the Issuer's 2020 Employee Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]66,667 of the restricted stock unit vested on September 29, 2021. Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 11,111 of the restricted stock units will vest monthly for a period of 29 months beginning October 21, 2021, with the remaining 11,114 restricted stock units vesting on March 21, 2024. In the event of a change in control of the Issuer, all then-unvested restricted stock units will vest as of the date of such change in control; if the Reporting Person terminates service with the Issuer as a result of his death, disability or a termination by the Issuer without cause, 100% of the unvested restricted stock units will vest as of the date of such termination. Share of unrestricted stock of the Issuer will be issued with respect to vested restricted stock units on the earliest to occur of (1) June 21, 2024; (2) the Reporting Person's separation from service; (3) a change in control; or (4) the Reporting Person's death.
- [F3]Not applicable.
Documents
Issuer
Crown Electrokinetics Corp.
CIK 0001761696
Entity typeother
Related Parties
1- filerCIK 0001866699
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 12:17 PM ET
- Size
- 6.4 KB