TALON INTERNATIONAL, INC. 4
4 · TALON INTERNATIONAL, INC. · Filed Jul 16, 2013
Insider Transaction Report
Form 4
Schnell Lonnie D
DirectorCEO and CFO
Transactions
- Exercise/Conversion
Common Stock
2013-07-12+2,372,800→ 4,747,800 total - Exercise/Conversion
Restricted Stock Units
2013-07-12−2,372,800→ 1,155,700 total→ Common Stock (2,372,800 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Talon International, Inc. common stock. On July 12, 2013, 2,372,800 shares of common stock were issued to the reporting person upon settlement of previously vested restricted stock units pursuant to the reporting person's deferral election.
- [F2]Remaining restricted stock units vest with respect to 577,850 shares on each of July 30, 2013 and Jan. 30, 2014.