Laifer Lance 4
4 · PALTALK, INC. · Filed Mar 22, 2024
Insider Transaction Report
Form 4
PALTALK, INC.PALT
Laifer Lance
Director
Transactions
- Award
Stock Option (Right to Buy)
2024-03-20+8,000→ 8,000 totalExercise: $2.78From: 2024-03-31Exp: 2034-03-19→ Common Stock (8,000 underlying)
Footnotes (1)
- [F1]The stock option was granted pursuant to a stock option agreement dated March 20, 2024 (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 2024, 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), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.