Mitchell Todd T 4/A
4/A · RiceBran Technologies · Filed Jan 27, 2022
Insider Transaction Report
Form 4/AAmended
Mitchell Todd T
CFO and EVP
Transactions
- Other
Restricted Stock Units
2021-12-15+1,000,000→ 1,403,125 total→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock.
- [F2]The RSUs will vest 100% if a change of control of the issuer occurs prior to December 31, 2026 and the reporting person remains in continuous service to the issuer through the change of control date. If the issuers shareholders approve an expansion of the shares available for issuance under the issuers 2014 Equity Incentive Plan prior to December 15, 2022, then the RSUs will vest 20% on December 15th of each of 2022, 2023, 2024, 2025 and 2026.
- [F3]The RSUs do not expire.