Kelly Eric 4
4 · Sphere 3D Corp · Filed Feb 16, 2018
Insider Transaction Report
Form 4
Kelly Eric
DirectorCEO and Chairman
Transactions
- Sale
Common Stock
2018-02-15$2.23/sh−942$2,101→ 53,282 total - Exercise/Conversion
Restricted Stock Units
2018-02-14−2,240→ 287,500 total→ Common Stock (2,240 underlying) - Sale
Common Stock
2018-02-16$2.24/sh−1,298$2,908→ 51,984 total - Exercise/Conversion
Common Stock
2018-02-14+2,240→ 54,224 total
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Sphere 3D Corp. common stock.
- [F2]This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting of the RSUs.
- [F3]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 29, 2017.
- [F4]The shares under column 9 vest in six bi-annual installments beginning on 6-18-18.