BROAD LEE RICHARD 4
4 · MAM SOFTWARE GROUP, INC. · Filed May 22, 2018
Insider Transaction Report
Form 4
BROAD LEE RICHARD
Chief Technology Officer
Transactions
- Sale
Common Stock
2018-05-18$8.00/sh−44,900$359,200→ 154,886 total - Award
Common Stock
2018-05-18$8.11/sh+75,268$610,423→ 199,786 total
Footnotes (2)
- [F1]The shares were received pursuant to the Company's Long-Term Stock Incentive Plan ("LTIP"), which Plan was approved by the Company's shareholders on June 12, 2008. The shares vested pursuant to the terms of the previous award stock grant, which was a component of Mr. Broad's Employment Agreement dated July 1, 2013.
- [F2]The sales reported in this Form 4 primarily represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock.