THOMSON PAUL R 4
4 · ORBSAT CORP · Filed Dec 20, 2021
Insider Transaction Report
Form 4
ORBSAT CORPOSAT
THOMSON PAUL R
Exec VP and CFO
Transactions
- Award
Common Stock, par value $0.0001
2021-12-16+10,000→ 20,000 total - Award
Non-Qualified Stock Option (right to buy)
2021-12-16+10,000→ 10,000 totalExercise: $3.81Exp: 2031-12-16→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award effective 12/16/2021, the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan.
- [F2]The grant of these options was effective 12/16/2021 (the "Grant Date"), the date Company's stockholders approved the Company's 2021 Incentive Award Plan. The award was granted pursuant to the Company's 2021 Incentive Award Plan. One half of the award will be fully vested on Grant Date and the remaining half will vest on the one year anniversary of the Grant Date.