4//SEC Filing
DeSena John C. 4
Accession 0001437749-19-021602
CIK 0001023844other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 4:55 PM ET
Size
7.4 KB
Accession
0001437749-19-021602
Insider Transaction Report
Form 4
DeSena John C.
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2019-11-01+22,327→ 50,152 total - Exercise/Conversion
Restricted Stock Units
2019-11-01−22,327→ 292,002 total→ Common Stock (22,327 underlying)
Footnotes (3)
- [F1]Each restricted stock unit converted into one share of National Holdings Corporation (the "Company") common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F3]On November 1, 2018, the reporting person was granted 178,615 restricted stock units. Fifty percent of the restricted stock units vest in four equal annual installments beginning November 1, 2019. Such vested shares will be delivered to the reporting person annually in accordance to the vesting delivery schedule. Twenty-five percent of the restricted stock units vest upon the Company first achieving certain market capitalization milestones for 30 consecutive trading days, and 25% vest upon certification by the Company's Compensation Committee that the Company first achieved certain adjusted EBITDA milestones at the end of a fiscal year.
Documents
Issuer
NATIONAL HOLDINGS CORP
CIK 0001023844
Entity typeother
Related Parties
1- filerCIK 0001766495
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 4:55 PM ET
- Size
- 7.4 KB