4//SEC Filing
Branham Timothy L. 4
Accession 0001415889-19-000908
CIK 0001023364other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 5:51 PM ET
Size
6.5 KB
Accession
0001415889-19-000908
Insider Transaction Report
Form 4
AutoWeb, Inc.AUTO
Branham Timothy L.
SVP, Chief Technology Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2019-08-06+25,000→ 25,000 totalExercise: $3.17From: 2020-08-06Exp: 2026-08-06→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. These options will become vested and exercisable as follows: (i) 33 1/3% will vest and become exercisable on August 6, 2020; and (ii) 1/36th (adjusted monthly to avoid the vesting of fractional options in any month) will vest and become exercisable on each successive monthly anniversary thereafter for the following 24 months ending on August 6, 2022; provided, however, that in addition to the vesting time schedule, the options will be subject to the satisfaction of the following additional vesting condition: if at any time after August 6, 2019 and prior to the expiration date of these options the weighted average closing price of the common stock on The Nasdaq Capital Market for the preceding 10 trading days (adjusted for any stock splits, stock dividends, reverse stock splits or combinations of the common stock occurring after the issuance date) is at or above $5.
Documents
Issuer
AutoWeb, Inc.
CIK 0001023364
Entity typeother
Related Parties
1- filerCIK 0001762402
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 5:51 PM ET
- Size
- 6.5 KB