LIGHTPATH TECHNOLOGIES INC 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Oct 30, 2015
Insider Transaction Report
Form 4
Faris M. Scott
Director
Transactions
- Award
Restricted stock unit
2015-10-29+33,785→ 33,785 totalExercise: $0.00From: 2016-10-29→ Class A Common Stock (33,785 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- [F2]The restricted stock units vest equally over a three year period beginning on October 29, 2016. All directors have elected to defer receipt of the shares until they are no longer on the board of directors. Any unvested restricted stock units will immediately vest upon the director leaving the board.