He Xin 4
4 · Professional Diversity Network, Inc. · Filed Jul 31, 2023
Insider Transaction Report
Form 4
He Xin
Interim CFO
Transactions
- Award
Restricted Stock Units
2023-07-19+80,000→ 95,000 totalExercise: $0.00→ Common Stock (80,000 underlying) - Award
Common Stock
2023-07-19+13,289→ 200,938 total - Award
Common Stock
2023-07-19+40,000→ 240,938 total
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the executive will vest in accordance with the following schedule: (i) 40,000 shares underlying the Restricted Stock Units were vested on July 19, 2023, (ii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2024, and (iii) 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.
- [F3]Includes an option to acquire 15,000 shares of the Issuer's Common Stock that was issued to Mr. He prior to the reported transactions.
- [F4]Mr. He received 13,289 shares as bonus compensation on July 19, 2023.