LIGHTPATH TECHNOLOGIES INC 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Nov 2, 2016
Insider Transaction Report
Form 4
Faris M. Scott
Director
Transactions
- Award
Restricted stock unit
2016-10-27+38,462→ 38,462 totalExercise: $0.00From: 2017-10-27→ Class A common stock (38,462 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 27, 2017. All directors have elected to defer receipt of the shares until they are no longer on the board. Any unvested restricted stock units will vest immediately upon the director leaving the board.