AMBIENT CORP /NY 4
4 · AMBIENT CORP /NY · Filed Jul 1, 2013
Insider Transaction Report
Form 4
AMBIENT CORP /NYAMBT
Quarella Michael
DirectorChief Operating Officer
Transactions
- Award
Common Stock, Par Value $0.001
2013-06-27+100,000→ 222,333 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units pursuant to the issuer's 2012 Stock Incentive Plan. The restricted stock units has the following vesting schedule: 14.29% of the shares subject to the award are to vest on December 13, 2013, 14.29% of the shares to vest on February, 5, 2014, 14.29% of the shares to vest on March 5, 2014, 14.29% of the shares to vest on April 4, 2014, 14.29% of the shares to vest on June 25, 2014, 14.29% of the shares to vest on July 1, 2014 and the remaining 14.26% to vest on July 15, 2014, provided that the employee is employed by the Issuer as of the applicable vesting date.
- [F2]Comprised of options for an additional 222,333 shares of common stock