Eichmann Eric 4
4 · Spark Networks SE · Filed Sep 24, 2021
Insider Transaction Report
Form 4
Eichmann Eric
Chief Executive Officer
Transactions
- Exercise/Conversion
American Depository Shares
2021-09-22+28,063→ 100,299 total - Exercise/Conversion
Stock Option
2021-09-22−28,063→ 308,687 totalExercise: $0.00Exp: 2027-02-21→ ADS (28,063 underlying) - Tax Payment
American Depository Shares
2021-09-22−11,506→ 88,793 total
Footnotes (2)
- [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.