GIGA TRONICS INC 4
4 · GIGA TRONICS INC · Filed Mar 2, 2015
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
THOMPSON W. JOSEPH
Director
Transactions
- Award
Non-Qualified Stock Option (Right to buy)
2015-02-25+5,500→ 5,500 totalExercise: $1.84From: 2016-02-25Exp: 2025-02-25→ Common Stock (5,500 underlying) - Award
Common Stock - Restricted Share Award Agreement
2015-02-25+36,000→ 92,620 total
Footnotes (2)
- [F1]Reported ownership excludes shares of preferred stock and common stock owned by Alara Capital as to which the reporting person disclaims beneficial ownership.
- [F2]The option becomes exercisable in five equal installments of 20% annually beginning February 26, 2015, until fully vested and will expire on February 25, 2025.