Schreiber Christopher C 4
4 · Akers Biosciences, Inc. · Filed Apr 2, 2019
Insider Transaction Report
Form 4
Schreiber Christopher C
Director
Transactions
- Award
Restricted Stock Units
2019-03-29+124,827→ 124,827 totalFrom: 2020-01-01→ Common Stock (124,827 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Akers Biosciences, Inc. (the "Company"). The Company may also elect to settle the vested RSUs for cash at its discretion.
- [F2]Reporting Person was granted 124,827 RSUs under the Company's 2018 Equity Incentive Plan, as amended (the "Plan"), each of which shall vest on January 1, 2020; provided that the RSUs shall vest immediately upon a Change in Control. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.