4//SEC Filing
Rystrom Brent Robert 4
Accession 0001331717-20-000002
CIK 0001063537other
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 9:26 PM ET
Size
8.8 KB
Accession
0001331717-20-000002
Insider Transaction Report
Form 4
Rystrom Brent Robert
CFO and EVP
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-03-24−170,000→ 330,000 total→ Common Stock (170,000 underlying) - Disposition to Issuer
Restricted Stock Units
2020-03-24−330,000→ 0 total→ Common Stock (330,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock.
- [F2]The shares subject to RSU vest based upon a vesting price equal to the volume weighted average trading price of our common stock over sixty-five consecutive trading days. The RSU shares would vest (i) 10% if the vesting price equals or exceeds $5.00 per share, (ii) 30% if the vesting price equals or exceeds $10.00 per share and (iii) 60% if the vesting price equals or exceeds $15.00 per share. The shares covered by the RSU would be issued following vesting as provided in the 2014 Equity Incentive Plan and RSU agreement.
- [F3]The RSU shares vest based upon a vesting price equal to the volume weighted average trading price of our common stock over sixty-five consecutive trading days. The RSU shares vest as to (i) 7,500 shares if the vesting price equals or exceeds $5.00 per share, (ii) 22,500 shares if the vesting price equals or exceeds $10.00 per share and (iii) 300,000 shares on the later of (a) October 1, 2019 and (b the date the vesting price equals or exceeds $15.00 per share. The shares covered by the RSU would be issued following vesting as provided in the 2014 Equity Incentive Plan and RSU agreement.
Documents
Issuer
RiceBran Technologies
CIK 0001063537
Entity typeother
Related Parties
1- filerCIK 0001701121
Filing Metadata
- Form type
- 4
- Filed
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 9:26 PM ET
- Size
- 8.8 KB