Resonant Inc 4
4 · Resonant Inc · Filed Jun 8, 2016
Insider Transaction Report
Form 4
Resonant IncRESN
Kornfeld Richard
Director
Transactions
- Exercise/Conversion
Common Stock
2016-06-06+6,297→ 50,297 total - Exercise/Conversion
Restricted Stock Units
2016-06-06−6,297→ 6,297 total→ Common Stock (6,297 underlying) - Award
Restricted Stock Units
2016-06-07+11,934→ 11,934 total→ Common Stock (11,934 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- [F2](2) 50% of the shares vested on June 6, 2016, and 50% shall vest on the earlier of (i) the day prior to the second annual meeting of the stockholders following the grant and (ii) June 9, 2017.
- [F3](3) 50% of the shares shall vest on the earlier of (i) the day prior to the first annual meeting of stockholders following the grant and (ii) June 7, 2017, and 50% of the shares shall vest on the earlier of (i) the day prior to the second annual meeting of stockholders following the grant and (ii) June 7, 2018.