4//SEC Filing
CLARK DAVID D 4
Accession 0001628280-21-017690
CIK 0001705338other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 9:53 AM ET
Size
8.4 KB
Accession
0001628280-21-017690
Insider Transaction Report
Form 4
CLARK DAVID D
Chief Financial Officer
Transactions
- Award
Stock Option
2021-08-10+200,000→ 200,000 totalExercise: $3.77Exp: 2028-09-10→ American Depository Shares (200,000 underlying) - Award
Stock Option
2021-08-10+100,000→ 100,000 totalExercise: $0.00Exp: 2028-09-10→ American Depository Shares (100,000 underlying)
Footnotes (3)
- [F1]Each stock option is granted under the Spark Networks SE (the "Company") 2020 Long Term Incentive Plan and represents the right to receive, upon exercise, a certain amount in cash determined based on the relevant strike price of the option minus the strike price of such option; provided, however, that the Company may elect to settle options in American Depository Shares ("ADS") or Ordinary Shares of the Company instead of cash at its sole discretion.
- [F2]Subject to the employee's continued service to the Company, (i) 25% of the total number of options granted to the employee vest 12 months after the grant date of such option, and (ii) an additional 6.25% of such options shall vest at the end of each additional three month period thereafter until the end of the 48th month after the relevant grant date.
- [F3]Each American Depository Share ("ADS") represents 0.1 Ordinary Shares of Spark Networks SE (the "Company").
Documents
Issuer
Spark Networks SE
CIK 0001705338
Entity typeother
Related Parties
1- filerCIK 0001243616
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 9:53 AM ET
- Size
- 8.4 KB