FITZGERALD RICHARD E 4
4 · SMTC CORP · Filed Aug 31, 2018
Insider Transaction Report
Form 4
SMTC CORPSMTX
Transactions
- Exercise/Conversion
Common Shares
2018-08-28$2.25/sh+4,361$9,812→ 26,110 total - Exercise/Conversion
Subscription Rights (right to buy)
2018-08-28+4,361→ 0 totalExercise: $2.25From: 2018-07-23Exp: 2018-08-28→ Common Stock (4,361 underlying)
Holdings
- 335,929
Employee Stock Option (right to buy)
Exercise: $1.26Exp: 2027-06-05→ Common Stock (335,929 underlying)
Footnotes (2)
- [F1]The stock options become exercisable, if at all, in five one-fifth (20%) of the covered shares upon the average closing share price of SMTC Corporation's common stock on the NASDAQ Stock Market is above each of $2.00, $3.00, $4.00, $5.00 and $6.00 per share for a 90 day period, subject to continued employment by the holder with SMTC Corporation during such period.
- [F2]Transaction represents 4,361 common shares acquired via the rights offering for a purchase price of $2.25 a share.