INDUSTRIAL SERVICES OF AMERICA INC 4
4 · INDUSTRIAL SERVICES OF AMERICA INC · Filed Jun 30, 2017
Insider Transaction Report
Form 4
Phillips Todd L.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2017-06-30+11,250→ 75,055 total - Exercise/Conversion
Restricted Stock Units
2017-06-30−11,250→ 11,250 total→ Common Stock (11,250 underlying) - Tax Payment
Common Stock
2017-06-30$1.28/sh−3,998$5,117→ 71,057 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 June 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 July 1, 2016, 45,000 of the RSUs vest; (ii) on December 31, 2016, 11,250 of the RSUs vest; (iii) on June 30, 2017, 11,250 of the RSUs vest; (iv) on December 31, 2017, 11,250 of the RSUs vest; and (v) on June 15, 2018, 11,250 of the RSUs vest.