4//SEC Filing
PHELPS BARRY 4
Accession 0001239819-24-000083
CIK 0001239819other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 9:34 PM ET
Size
14.2 KB
Accession
0001239819-24-000083
Insider Transaction Report
Form 4
PHELPS BARRY
Director
Transactions
- Award
Stock Units
2024-06-27+18,313.95→ 134,598.75 total→ Common Stock (18,313.95 underlying) - Award
Stock Units
2024-07-01+3,559.32→ 138,158.07 total→ Common Stock (3,559.32 underlying) - Award
Stock Units
2024-07-01+1,271.19→ 139,429.26 total→ Common Stock (1,271.19 underlying) - Award
Stock Units
2024-07-01+423.73→ 139,852.99 total→ Common Stock (423.73 underlying)
Footnotes (7)
- [F1]Stock Units are convertible into issuer's common stock on a 1-for-1 basis.
- [F2]This grant was awarded in connection with Mr. Phelps's service a member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of stock units awarded is equal to $63,000 divided by $3.44, the closing price of the issuer's stock on the Nasdaq Capital Market on June 27, 2024, the date of grant.
- [F3]The stock units vest upon the one year anniversary of the grant date, and subject to vesting, will 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 stock units have no expiration date.
- [F4]This grant was made pursuant to the issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service as a member of the board of directors for the period from July 1, 2024 to September 30, 2024. The number of stock units is equal to $10,500.00 divided by $2.95, the closing price of the issuer's common stock on the Nasdaq Capital Market on July 1, 2024, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
- [F5]The stock units became 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 selected by the Reporting Person. The units have no expiration date.
- [F6]This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service as the chairman of the audit committee of the board of directors for the period from July 1, 2024 to September 30, 2024. The number of stock units is equal to $3,750.00 divided by $2.95, the closing price of issuer's common stock on the Nasdaq Capital Market on July 1, 2024, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
- [F7]This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service on the compensation committee of the board of directors for the period from July 1, 2024 to September 30, 2024. The number of stock units is equal to $1,250.00 divided by $2.95, the closing price of issuer's common stock on the Nasdaq Capital Market on July 1, 2024, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
Documents
Issuer
LUNA INNOVATIONS INC
CIK 0001239819
Entity typeother
Related Parties
1- filerCIK 0001240508
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 9:34 PM ET
- Size
- 14.2 KB