Almquist Gordon 4
4 · GIGA TRONICS INC · Filed Mar 26, 2019
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
Almquist Gordon
Director
Transactions
- Award
Common Stock- Restricted Share Award Agreement
2019-03-21+75,000→ 305,500 total - Award
Non-Qualified Stock Option
2019-03-21+25,000→ 121,500 totalExercise: $0.32From: 2020-03-21Exp: 2029-03-21→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Restricted stock vests on the following schedule: At March 28, 2020, subject to Grantee's Continuous service with the Company, 100% of the Shares shall vest and become free of any restriction.
- [F2]Options vest on the following schedule: 25% of the Shares vest at the first anniversary from the date of grant and 1/48th per month thereafter.