INDUSTRIAL SERVICES OF AMERICA INC 4
4 · INDUSTRIAL SERVICES OF AMERICA INC · Filed Jan 4, 2017
Insider Transaction Report
Form 4
Phillips Todd L.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-12-31−11,250→ 11,250 total→ Common Stock (11,250 underlying) - Tax Payment
Common Stock
2016-12-31$1.79/sh−3,998$7,156→ 63,805 total - Exercise/Conversion
Common Stock
2016-12-31+11,250→ 67,803 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- [F2]On 6/15/2016, the reporting person was granted 90,000 RSUs, vesting as follows if the reporting person remains employed by the issuer through each of the following dates: (i)on 7/1/2016, 45,000 RSUs vest; (ii)on 12/31/2016, 11,250 RSUs vest; (iii)on 6/30/2017, 11,250 RSUs vest; (iv)on 12/31/2017, 11,250 RSUs vest; (v)on 6/15/2018, 11,250 RSUs vest.