Covisint Corp 4
4 · Covisint Corp · Filed Jul 8, 2016
Insider Transaction Report
Form 4
Covisint CorpCOVS
Inman, III Samuel M.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-07-01$2.18/sh−60,731$132,394→ 60,731 totalFrom: 2015-07-01→ Common stock (60,731 underlying) - Exercise/Conversion
Common stock
2016-07-01$2.18/sh+60,731$132,394→ 102,271 total
Footnotes (2)
- [F1]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F2]One-third of the restricted stock units vested on July 1, 2015, one-third of the restricted stock units vested on July 1, 2016, and the remaining third of the restricted stock units are scheduled to vest on July 1, 2017, assuming continued employment through the applicable vesting date.