4//SEC Filing
Stewart Scott Matthew 4
Accession 0001628280-22-002103
CIK 0000896429other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:07 PM ET
Size
9.8 KB
Accession
0001628280-22-002103
Insider Transaction Report
Form 4
CANTALOUPE, INC.CTLP
Stewart Scott Matthew
Chief Financial Officer
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2022-02-07+175,000→ 175,000 totalExercise: $8.02Exp: 2029-02-07→ Common Stock (175,000 underlying)
Footnotes (1)
- [F1]The stock options are eligible to vest as follows:(i) 117,000 stock options are eligible to vest in three equal annual installments on the first three anniversaries of February 1, 2022 and (ii) the remaining 58,000 stock options are eligible to vest in three equal annual installments on the first three anniversaries of February 1, 2022, subject, in each case, to the reporting person's continued employment, and, in the case of (ii), subject to the achievement of applicable performance goals during the respective fiscal year. The Compensation Committee established the performance goals as a price target for the trading price of the Company's common stock in each applicable fiscal year. The price target is achieved if the average closing price of the common stock during any consecutive 30-trading-day period during the applicable fiscal year meets or exceeds (a) $13.50 in the case of fiscal year 2022 (b) $16.50 in the case of fiscal year 2023 and (c) $19.50 in the case of fiscal year 2024.
Issuer
CANTALOUPE, INC.
CIK 0000896429
Entity typeother
Related Parties
1- filerCIK 0001825415
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:07 PM ET
- Size
- 9.8 KB