PDF SOLUTIONS INC 4
4 · PDF SOLUTIONS INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
HARTGRING CORNELIS
VP - Client Services & Sales
Transactions
- Tax Payment
Common Stock
2016-07-01$14.14/sh−353$4,991→ 51,843 total - Award
Common Stock
2016-07-01+13,750→ 52,196 total
Footnotes (3)
- [F1]These shares represent an award of restricted stock units.
- [F2]These shares represent an award of Restricted Stock Units. Of the total amount: (1) 3,750 shares of restricted stock units shall vest as follows: 25% of the total shares shall vest on July 1, 2016 and 25% of the total shares shall vest annually thereafter until fully vested, subject to the Recipient's continued service through each applicable vesting date; and (2) 10,000 shares of restricted stock units shall vest as follows: 12.5% of the total shares shall vest on the date that is six (6) month after July 1, 2016 and 12.5% of the total shares shall vest on each date that is six (6) months thereafter until fully vested, subject to the Recipient's continued service through each applicable vesting date.
- [F3]This represents a disposition of shares to the Company to satisfy tax withholding obligations with respect to the vesting of Restricted Stock rights. This is not a sale of shares in the market.