Westgor David J 4
4 · MICROVISION, INC. · Filed May 23, 2019
Insider Transaction Report
Form 4
Westgor David J
VP,General Counsel & Secretary
Transactions
- Award
60000
2019-05-22+60,000→ 276,987 total - Award
Option (right to buy)
2019-05-22+150,000→ 150,000 totalExercise: $0.73From: 2020-05-22Exp: 2029-05-22→ MicroVision Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Performance Stock Units listed above have performance vesting criteria that would require the Company's stock price to appreciate by more than 100% of the stock price on the grant date before they become earned. Earned PSUs are eligible to vest as to one-third (1/3) of the PSUs subject to the Award on the each of the first three (3) anniversaries of May 22, 2019, subject to the recipient's employment on the above vesting dates. PSUs that become earned prior to a vesting date that would have vested on any earlier vesting date would become immediately vested.
- [F2]The reporting person vests ownership in this stock option as follows - one-third (1/3) upon each annual anniversary of the date of grant, subject to the terms of the 2013 Stock Incentive Plan, as amended.