EQUUS TOTAL RETURN, INC. 4
4 · EQUUS TOTAL RETURN, INC. · Filed Mar 17, 2017
Insider Transaction Report
Form 4
Hardy John A.
DirectorCEO10% Owner
Transactions
- Purchase
Common Stock
2017-03-17$2.40/sh+500,000$1,200,000→ 500,000 total
Footnotes (1)
- [F1]Represents an award of restricted stock pursuant to Registrant's 2016 Equity Incentive Plan. 125,000 shares of restricted stock are vested, with the remainder vesting ratably on an annual basis after one, two, and three years from the date of grant. Vesting is accelerated in the event of constructive termination or termination without "cause" as such term is defined by agreement between the Registrant and the Reporting Person.