Brog Timothy 4
4 · Rubicon Technology, Inc. · Filed Jul 19, 2022
Insider Transaction Report
Form 4
Brog Timothy E
Director
Transactions
- Exercise/Conversion
Common Stock
2022-07-18+12,500→ 122,254 total - Tax Payment
Common Stock
2022-07-18$16.06/sh−6,346$101,917→ 115,908 total
Footnotes (2)
- [F1]On December 28, 2021, the reporting person was granted 25,000 restricted stock units ("RSUs"). One half of such RSUs would vest if prior to December 28, 2025 the 15-trading day average closing price of the Company's common stock is greater than or equal to the target prices of $12.00 and $13.00, respectively. On July 18, 2021, 12,500 of such RSUs vested based upon their terms.
- [F2]As permitted under the Company's 2016 Stock Incentive Plan, on July 18, 2022, the Company withheld 6,346 shares of common stock from the reporting person to pay certain Medicare, Income Withholding and other payroll taxes in connection with the vesting of such RSUs