Salaymeh Omar 4
4 · GTY Technology Holdings Inc. · Filed Feb 14, 2022
Insider Transaction Report
Form 4
Salaymeh Omar
CEO OF BONFIRE
Transactions
- Award
Restricted Stock Units
2022-02-10+16,802→ 72,964 total→ Common Stock (16,802 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2022-02-10−17,259→ 0 total→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. If the reporting person remains employed with the issuer at such time, all the restricted stock units will vest on February 19, 2022. The restricted stock units may be settled in shares of the issuer's common stock and were granted as the reporting person's annual bonus for 2021, consistent with his waiver and consent to receive such bonus in cash, restricted stock units with a vesting period of no more than one year, or a combination of both.
- [F2]On February 10, 2022, all the 17,259 performance-based restricted stock units granted on April 30, 2021 were forfeited because the reporting person did not achieve the performance goals for the relevant performance period.