XIAO JIANGPING 4
4 · Professional Diversity Network, Inc. · Filed Apr 24, 2018
Insider Transaction Report
Form 4
XIAO JIANGPING
Chief Financial Officer
Transactions
- Award
Common Stock, par value $0.01
2018-04-19+5,000→ 5,800 total - Award
Employee Stock Option (right to buy)
2018-04-19+30,000→ 60,000 totalExercise: $2.82→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]On April 19, 2018, the Company granted 5,000 shares of restricted stock to Mr. Xiao. Such restricted stock will vest on April 19, 2019.
- [F2]On April 19, 2018, the Company granted an option to purchase 30,000 shares of Common Stock to Mr. Xiao. The options issued to the executive will vest in accordance with the following schedule: (i) 1/3 of the shares underlying the option will vest immediately on the Effective Date, (ii) 1/3 of the shares underlying the option will vest on the one-year anniversary of the Effective Date, and (iii) 1/3 of the shares underlying the option will vest on the two-year anniversary of the Effective Date.