Kothari Shanoop 4
4 · NuZee, Inc. · Filed Jan 13, 2021
Insider Transaction Report
Form 4
NuZee, Inc.NUZE
Kothari Shanoop
SVP and CFO
Transactions
- Tax Payment
Common Stock
2021-01-11$9.12/sh−15,000$136,800→ 137,215 total - Award
Common Stock
2021-01-11+152,215→ 152,215 total
Footnotes (2)
- [F1]Represents 152,215 restricted shares of the Issuer's common stock which vest, subject to the reporting person's continued employment, as follows: (i) 50,739 restricted shares vested immediately; (ii) 50,739 restricted shares will vest on March 31, 2021; and (iii) 50,737 restricted shares vest on March 31, 2022.
- [F2]Shares were forfeited solely to cover tax withholding obligations arising automatically upon partial vesting of restricted shares and issuance of the vested restricted shares.