LRAD Corp 4
4 · LRAD Corp · Filed May 19, 2017
Insider Transaction Report
Form 4
LRAD CorpLRAD
McCollum Daniel H
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-17+25,000→ 25,000 total - Purchase
Common Stock
2017-05-18$1.72/sh+5,000$8,598→ 30,000 total - Purchase
Common Stock
2017-05-18$1.72/sh+5,000$8,582→ 35,000 total - Exercise/Conversion
Restricted Stock Units
2017-05-17−25,000→ 0 total→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]As reported on a Form 4 filed on March 16, 2017, the reporting person received a grant of 25,000 Restricted Stock Units ("RSUs") on March 14, 2017 which were to vest on May 17, 2017. On the vesting date, for each RSU vesting on such date, the reporting person will receive one share of LRAD Corporation common stock.
- [F2]No purchase price, conversion price or exercise price was paid because the restricted stock units converted into shares of common stock on a one-for-one basis.