Edelman Matthew Evan 4
4 · Super League Gaming, Inc. · Filed Jan 7, 2022
Insider Transaction Report
Form 4
Edelman Matthew Evan
DirectorCEO & President
Transactions
- Award
Performance Stock Units
2022-01-05+150,000→ 150,000 total→ Common Stock (150,000 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. 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.