Anderson Jevan 4
4 · FINJAN HOLDINGS, INC. · Filed Aug 2, 2019
Insider Transaction Report
Form 4
Anderson Jevan
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2019-07-31+220,000→ 220,000 totalExercise: $0.00→ Common Stock (220,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") granted to the reporting person represents the contingent right to receive one share of common stock of Finjan Holdings, Inc. or its equivalent cash value, subject to the terms and conditions of the Finjan Holdings, Inc. Amended and Restated 2014 Incentive Compensation Plan (the "Plan").
- [F2]Due to annual grant limits set forth in the Plan, it is expected that an additional 70,000 RSUs will be granted to the reporting person in 2020 with such vesting, when combined with the grant on July 31, 2019, resulting in the combined grants being fully vested on June 3, 2022.
- [F3]96,666 of the RSUs vest on June 3, 2019, and an additional 24,166 RSUs vest every three calendar months following the one year anniversary of such date until such shares are fully vested such that 100% of the RSUs will have fully vested as of December 3, 2021 (with the last such vesting date comprised of 2,504 RSUs vesting as of such date). The RSUs will be settled upon vesting.