Field Michael George 4
4 · Polar Power, Inc. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Field Michael George
Director
Transactions
- Award
Common Stock
2025-01-30$2.93/sh+2,679$7,849→ 2,679 total
Footnotes (1)
- [F1]Michael G. Field and the Registrant signed an offer letter (the "Offer Letter") on July 24, 2024. The Registrant effected a 1:7 reverse stock split (the "Split") on November 18, 2024. Pursuant to the Offer Letter, Michael Field chose to receive 18,750 shares of Common Stock, or 2,679 shares of Common Stock on a post-Split basis, under the 2016 Omnibus Incentive Plan, instead of a cash payment of $7,500 per quarter for the fourth quarter of 2024.