PDF SOLUTIONS INC 4
4 · PDF SOLUTIONS INC · Filed Jun 5, 2017
Insider Transaction Report
Form 4
HARTGRING CORNELIS
VP - Client Services & Sales
Transactions
- Award
Common Stock
2017-06-01+23,638→ 51,819 total - Tax Payment
Common Stock
2017-06-01$16.50/sh−2,282$37,653→ 49,537 total
Footnotes (3)
- [F1]These shares represent an award of restricted stock units.
- [F2]These shares represent an award of Restricted Stock Units (Total Shares). Of the Total Shares: (1) 8,138 shall vest as follows: 25% of the Total Shares vested on June 1, 2017 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) 15,500 shall vest as follows: 12.5% of the total shares shall vest on the date that is six (6) month after June 1, 2017 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.