Coburn John G 4
4 · LRAD Corp · Filed Mar 20, 2019
Insider Transaction Report
Form 4
LRAD CorpLRAD
Coburn John G
Director
Transactions
- Exercise/Conversion
Common stock
2019-03-20+25,000→ 116,660 total - Exercise/Conversion
Restricted Stock Units
2019-03-20−25,000→ 0 total→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The reporting person received a grant of 25,000 Restricted Stock Units (RSUs) on March 20, 2018. These vested on March 20, 2019 and the reporting person received one share of LRAD Corporation common stock for each RSU.
- [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.