Worman Glenn C. 4
4 · NATIONAL HOLDINGS CORP · Filed Apr 14, 2020
Insider Transaction Report
Form 4
Worman Glenn C.
Executive VP - Finance
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-04-10−22,857→ 584,088 total→ Common Stock (22,857 underlying) - Exercise/Conversion
Common Stock
2020-04-10+22,857→ 90,032 total
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 April 10, 2018, the reporting person was granted 137,143 restricted stock units. Fifty percent of the restricted stock units vest in three equal annual installments beginning April 10, 2019. Vested shares will be delivered to the reporting person annually in accordance to the vesting delivery schedule.