DYNATRONICS CORP 4
4 · DYNATRONICS CORP · Filed Nov 24, 2015
Insider Transaction Report
Form 4
DYNATRONICS CORPDYNT
CULLIMORE KELVYN H JR
DirectorChairman, President and CEO
Transactions
- Award
common stock option
2015-11-20+40,000→ 46,000 totalExercise: $3.34From: 2016-07-14Exp: 2023-07-14→ common stock (40,000 underlying)
Holdings
- 187,258
common stock
- 10,000(indirect: By Spouse)
common stock
Footnotes (2)
- [F1]These options were granted pursuant to employment agreement with the executive; grants finalized by the issuer compensation committee on November 20, 2015, notwithstanding the contingent grant was authorized in May 2015 with renegotiated employment agreement.
- [F2]The Option may be exercised from time to time to purchase whole shares in accordance with the following schedule: twenty-five percent (25%) of the shares subject to the Option shall vest on each of the first, second third and fourth anniversaries of the Vesting Reference Date of July 14, 2015