HANNON TIMOTHY G 4
4 · WAVEDANCER, INC. · Filed Mar 23, 2022
Insider Transaction Report
Form 4
WAVEDANCER, INC.WAVD
HANNON TIMOTHY G
Chief Financial Officer
Transactions
- Award
Options (Right-to-Buy)
2022-03-22$4.99/sh+225,000$1,122,750→ 250,000 totalExercise: $4.99Exp: 2032-03-22→ Common Stock (225,000 underlying)
Footnotes (2)
- [F1]One-third of awarded shares vest each year over three years. 75,000 shares are exercisable on 03/22/2023, an additional 75,000 shares are exercisable on 03/22/2024, and an additional 75,000 shares are exercisable on 03/22/2025. Upon Termination "Without Cause" or "by Participant for Good Reason" within the first year as defined in the employee's Employment Agreement, such vesting date will accelerate to the termination date.
- [F2]Granted pursuant to and in accordance with the WaveDancer 2021 Stock Incentive Plan.