4//SEC Filing
AMBIENT CORP /NY 4
Accession 0001354488-13-006828
CIK 0001047919operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 6:16 PM ET
Size
8.0 KB
Accession
0001354488-13-006828
Insider Transaction Report
Form 4
AMBIENT CORP /NYAMBT
Quarella Michael
DirectorChief Operating Officer
Transactions
- Award
Restricted Stock Unit
2013-12-10+57,160→ 57,160 total→ Common stock par value $0.001 (57,160 underlying) - Other
Restricted Stock Unit
2013-12-12−57,160→ 42,840 total→ Common stock par value $0.001 (57,160 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit and is granted pursuant to the issuer's 2012 Stock Incentive Plan.
- [F2]The restricted stock units are scheduled to vest in four equal installments of 14,290 shares on each of the following vesting dates, provided that the reporting person is employed by the issuer on the applicable vesting date: August 1, 2014, August 18, 2014, August 29, 2014 and September 12, 2014.
- [F3]On June 27, 2013, the reporting person was granted 100,000 restricted stock units, scheduled to vest on specified vesting dates between December 13, 2013 and July 15, 2014. The reporting person has elected to forfeit an aggregate of 57,160 restricted stock units scheduled to vest between December 13, 2013 and April 2, 2014. The balance of the restricted stock units will vest in accordance with the original award.
Documents
Issuer
AMBIENT CORP /NY
CIK 0001047919
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001047919
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 6:16 PM ET
- Size
- 8.0 KB