FERRIOLO WILLIAM 4
4 · AutoWeb, Inc. · Filed Nov 21, 2017
Insider Transaction Report
Form 4
AutoWeb, Inc.AUTO
FERRIOLO WILLIAM
SVP Consumer Acquisitions
Transactions
- Exercise/Conversion
Common Stock
2017-11-21$4.80/sh+6,134$29,443→ 264,889 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-11-21−6,134→ 0 totalExercise: $4.80Exp: 2018-01-20→ Common Stock (6,134 underlying)
Footnotes (2)
- [F1]Includes (a) 8,333 shares of restricted stock that will vest on April 23, 2018; (b) 100,000 shares of restricted stock with restrictions lapsing as follows: (i) restriction on 50,000 shares shall lapse upon the weighted average closing price for Common Stock at or above $30 per share for 30 consecutive trading days and (ii) restrictions on remaining 50,000 shares shall lapse upon the weighted average closing price for Common Stock at or above $45 per share for 30 consecutive trading days; and (c) 70,000 shares of restricted stock that will vest 33 1/3% on each anniversary commencing September 27, 2018.
- [F2]Subject to the achievement of certain performance goals of the Company in 2011, these derivative securities became exercisable as follows: 33 1/3% vested and became exercisable on January 20, 2012 and 1/36 vested and became exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on January 20, 2014.