COLE JAMES A 4
4 · GIGA TRONICS INC · Filed May 2, 2013
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
COLE JAMES A
Director
Transactions
- Award
Non-Qualified Stock Option (Right to buy)
2013-04-24+18,000→ 18,000 totalExercise: $1.53From: 2014-04-24Exp: 2023-04-24→ Common Stock (18,000 underlying) - Award
Restricted Share Award Agreement
2013-04-24+13,000→ 13,000 totalExercise: $0.00From: 2014-04-24→ Common Stock (13,000 underlying)
Footnotes (3)
- [F1]The option becomes exercisable in five equal installments of 20% annually beginning April 24, 2014 until fully vested and will expire on April 24, 2023.
- [F2]This an award of shares to be granted on a restricted basis, not an option to buy, there is no exercise price or conversion.
- [F3]This is an award of shares to be granted in 2014, there is no expiration date.