Logal Adam 4
4 · VBI Vaccines Inc/BC · Filed Jun 18, 2018
Insider Transaction Report
Form 4
Logal Adam
Director
Transactions
- Exercise/Conversion
Restricted Stock Units (RSUs)
2018-06-14−12,500→ 12,500 total→ Common Shares (12,500 underlying) - Exercise/Conversion
Common Shares, no par value per share
2018-06-14+12,500→ 37,500 total
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one common share. This transaction represents the settlement of restricted stock units in common shares on their scheduled vesting date.
- [F2]The restricted stock units vest 1/3 per year annually over 3 years, beginning on June 14, 2017, subject to continued service through each vesting date.