Bond Michael C. 4
4 · Vislink Technologies, Inc. · Filed Apr 3, 2020
Insider Transaction Report
Form 4
Bond Michael C.
Chief Financial Officer
Transactions
- Award
Option to Purchase (Time-Vested)
2020-04-01+965,351→ 965,351 totalExercise: $0.16→ Common Stock (965,351 underlying)
Footnotes (1)
- [F1]Pursuant to the Notice of Grant of Inducement Stock Options and Stock Option Agreement by and between the Issuer and the Reporting Person, dated as of April 1, 2020, 25% of the Inducement Options vests on April 1, 2021 and the remaining 75% vests in substantially equal monthly installments over the 36-month period following such date, subject to the Reporting Person's continued employment by the Issuer on the applicable vesting date. These options were granted outside of the Issuer's existing equity compensation plans as an inducement material to the Reporting Person's becoming an employee of the Issuer, in accordance with Nasdaq Listing Rule 5635(c)(4).