He Xin 4
4 · Professional Diversity Network, Inc. · Filed May 15, 2019
Insider Transaction Report
Form 4
He Xin
Interim CFO
Transactions
- Award
Common Stock
2019-05-12+5,102→ 5,102 total - Award
Options to Purchase Common Stock
2019-03-11+30,000→ 30,000 totalExercise: $2.23From: 2019-03-11Exp: 2029-03-11→ Common Stock (30,000 underlying) - Award
Restricted Stock Units
2019-05-12+1,166→ 10,031 totalFrom: 2019-05-12Exp: 2029-05-12→ Common Stock (1,166 underlying)
Footnotes (4)
- [F1]The Company granted 5,102 shares of its common stock to the Reporting Person as the payment of his unpaid compensation of $16,479.17 based on a share price of $3.23 per share.
- [F2]The options shall vest 1/3 immediately upon award on March 11, 2019 (the "Effective Date"), 1 /3 on the first anniversary of the Effective Date, and the final 1 /3 on the second anniversary of the Effective Date.
- [F3]The Company granted 1,166 restricted stock units to the Reporting Person as the compensation for serving on the Board of Directors of the Company for the period from January 1, 2019 to March 11, 2019. Such restricted stock units were vested immediately.
- [F4]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.