Cronin John E 4
4 · IMAGEWARE SYSTEMS INC · Filed Feb 2, 2018
Insider Transaction Report
Form 4
Cronin John E
Director
Transactions
- Award
Stock Options
2018-01-31$1.75/sh+36,000$63,000→ 36,000 totalExercise: $1.75Exp: 2028-01-31→ Common Stock (36,000 underlying) - Award
Stock Options
2018-01-31$1.75/sh+10,000$17,500→ 10,000 totalExercise: $1.75Exp: 2028-01-31→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]One third of the options will vest on the one-year anniversary of the grant date, with the remainder vesting equally in eight quarterly installments thereafter.
- [F2]Options issued in lieu of board fees in connection with the Reporting Person's service on the Issuer's Board of Directors. Options will begin vesting immediately, and will vest ratably over the next 12 months.