THOMPSON W. JOSEPH 4
4 · GIGA TRONICS INC · Filed Dec 19, 2018
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
THOMPSON W. JOSEPH
Director
Transactions
- Award
Non-Qualified Stock Option (Right to buy)
2018-04-19+25,000→ 69,000 totalExercise: $0.34From: 2019-04-19Exp: 2028-04-19→ Common Stock (25,000 underlying) - Award
Common Stock - Restricted Share Award Agreement
2018-04-19+75,000→ 167,620 total
Footnotes (2)
- [F1]Reported ownership excludes shares of preferred stock and common stock owned by Alara Capital as to which the reporting person disclaims beneficial ownership
- [F2]The option becomes exercisable in four equal installments of 25% annually beginning April 19, 2018, until fully vested and will expire on April 19, 2028.