Rowe Jared Robert 4
4 · AutoWeb, Inc. · Filed Mar 4, 2021
Insider Transaction Report
Form 4
AutoWeb, Inc.AUTO
Rowe Jared Robert
DirectorPRESIDENT AND CEO
Transactions
- Award
Common Stock
2021-03-03+85,000→ 159,775 total - Award
Employee Stock Option (Right to Buy)
2021-03-03+200,000→ 200,000 totalExercise: $2.66From: 2022-03-03Exp: 2028-03-03→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The forfeiture restrictions with respect to thirty-three and one-third percent (33-1/3%) of the restricted shares (adjusted to avoid the vesting of fractional shares) shall lapse on each anniversary of the award date, commencing with the first anniversary of the award date and ending on the third anniversary of the award date.
- [F2]These options will become vested and exercisable as follows: (i) 33 1/3% (adjusted to avoid the vesting of fractional options) shall vest and become exercisable on March 3, 2022, and (ii) 1/36 (adjusted monthly to avoid the vesting of fractional options in any month) shall vest and become exercisable on each successive monthly anniversary thereafter for the following 24 months ending March 3, 2024.