LUNA INNOVATIONS INC 4
4 · LUNA INNOVATIONS INC · Filed May 26, 2017
Insider Transaction Report
Form 4
Wise Michael W.
Director
Transactions
- Award
Common Stock
2017-05-24+16,233→ 436,233 total
Holdings
- 9,705(indirect: Shares held by daughter)
Common Stock
- 3,135(indirect: Shares held by son)
Common Stock
Footnotes (4)
- [F1]Consists of restricted stock units that are convertible into issuer's common stock on a 1-for-1 basis.
- [F2]This grant was awarded in connection with Mr. Wise's service as member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of restricted stock units awarded is equal to $25,000 divided by $1.54, the closing price of issuer's common stock on the Nasdaq Capital Market on May 24, 2017.
- [F3]The stock units will vest fully on earlier of the one anniversary of the grant date or the issuer's next annual meeting of stockholders.
- [F4]The shares are held by Mr. Wise's family member over which Mr. Wise shares voting and investment power.