Home/Filings/4/0001239819-14-000069
4//SEC Filing

LUNA INNOVATIONS INC 4

Accession 0001239819-14-000069

CIK 0001239819operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 2:38 PM ET

Size

8.9 KB

Accession

0001239819-14-000069

Insider Transaction Report

Form 4
Period: 2014-07-01
Transactions
  • Award

    Stock Units

    2014-07-01$1.38/sh+1,811.6$2,50080,810.02 total
    Common Stock (1,811.6 underlying)
  • Award

    Stock Units

    2014-07-01$1.38/sh+10,869.57$15,00078,998.42 total
    Common Stock (10,869.57 underlying)
Footnotes (4)
  • [F1]Stock Units are convertible into issuer's common stock on a 1-for-1 basis.
  • [F2]This grant was made pursuant to the issuer's non-employee director compensation policy. The Reporting Person was awarded an annual retainer on July 1 on $15,000 and elected to receive the retainer in restricted stock units of the issuer's common stock. The number of restricted stock units awarded was equal to $15,000 divided by $1.38, the closing price of the issuer's common stock on Nasdaq Capital Market on July 1, 2014, the first trading day of the quarter.
  • [F3]The stock units become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The units have no expiration date.
  • [F4]This grant was made pursuant to the issuer's non-employee director compensation policy. Represent $2,500 awarded to the Reporting Person as a retainer for his service as Chairman of the Compensation Committee of the Board of Director's for the period of July 1, 2014 to September 30, 2014. The number units is equal to $2,500 divided by $1.38, the closing price of the issuer's common stock on NASDAQ Capital Market on July 1, 2014, the first trading day of the quarter. The Reporting Person elected to receive Chairman fees in stock units.

Issuer

LUNA INNOVATIONS INC

CIK 0001239819

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001239819

Filing Metadata

Form type
4
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 2:38 PM ET
Size
8.9 KB