4//SEC Filing
Hand Ann 4
Accession 0001415889-22-000455
CIK 0001621672other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:05 PM ET
Size
6.5 KB
Accession
0001415889-22-000455
Insider Transaction Report
Form 4
Hand Ann
DirectorCEO and President
Transactions
- Award
Performance Stock Units
2022-01-05+900,000→ 900,000 total→ Common Stock (900,000 underlying)
Footnotes (2)
- [F1]Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F2]The PSUs were awarded to the Reporting Person pursuant to the Issuer's Amended and Restated 2014 Stock Option and Incentive Plan, and pursuant to that certain Executive Employment Agreement by and between the Reporting Person and Issuer, whereby the Reporting Person received the PSUs in lieu of participation in the equity component of the Issuer's annual executive compensation plan for the three (3) calendar year term commencing January 1, 2022. Subject to continued employment and to accelerated vesting in certain circumstances, the PSUs shall vest: (i) 20% upon the Issuer's common stock achieving a 60-day volume-weighted average price ("60-day VWAP") of $4.75 per share, (ii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $6.00 per share; (iii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $7.00 per share; (iv) 20% upon the Issuer's common stock achieving a 60-day VWAP of $8.00 per share; and (v) 20% upon the Issuer's common stock achieving a 60-day VWAP of $9.00 per share.
Documents
Issuer
Super League Gaming, Inc.
CIK 0001621672
Entity typeother
Related Parties
1- filerCIK 0001769649
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:05 PM ET
- Size
- 6.5 KB