Graeff Scott A 4
4 · LUNA INNOVATIONS INC · Filed Mar 17, 2022
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2022-03-15+23,000→ 604,081 total - Tax Payment
Common Stock
2022-03-15$7.25/sh−5,601$40,607→ 598,480 total
Footnotes (2)
- [F1]Represents the satisfaction of the performance-based vesting condition with respect to a long-term, performance-based restricted stock unit award granted to the reporting person on January 14, 2019, based on the Issuer's 2021 financial results. The number of shares reported reflects the extent of such achievement. In light of the performance-based vesting conditions of the award, such award was not reportable under Section 16 until vesting was determined, which occurred on March 15, 2022.
- [F2]These shares were repurchased by the Issuer pursuant to the election of the holder to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (1) herein.