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4//SEC Filing

LUNA INNOVATIONS INC 4

Accession 0001445305-14-000008

CIK 0001239819operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 3:14 PM ET

Size

6.3 KB

Accession

0001445305-14-000008

Insider Transaction Report

Form 4
Period: 2014-01-02
Transactions
  • Award

    Stock Units

    2014-01-02$1.32/sh+1,893.94$2,50066,451.5 total
    Common Stock (1,893.94 underlying)
Footnotes (3)
  • [F1]Stock units are convertible into issuer's common stock on a 1-for-1 basis.
  • [F2]This grant was made pursuant to the issuer's non-employee director compensation policy. Represents $2,500 awarded to the Reporting Person as a retainer for his service as Chairman of the Compensation Committee of the Board of Directors for the period from January 1, 2014 to March 31, 2014. The number of stock units is equal to $2,500 divided by $1.32, the closing price of the issuer's common stock on the NASDAQ Capital Market on January 2, 2014, the first trading day of the quarter. The Reporting Person elected to received the Chairman fees in stock units.
  • [F3]The stock units become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The units have no expiration date.

Issuer

LUNA INNOVATIONS INC

CIK 0001239819

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001239819

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:14 PM ET
Size
6.3 KB