RIPP ROBERT 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Oct 27, 2017
Insider Transaction Report
Form 4
RIPP ROBERT
Director
Transactions
- Award
Restricted stock unit
2017-10-26+16,260→ 16,260 totalExercise: $0.00From: 2018-10-26→ Class A common stock (16,260 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- [F2]The restricted stock units vest equally over a three year period beginning on October 26, 2018. All directors have elected to defer receipt of the shares until they are no longer on the board. Any unvested restricted stock units will vest immediately upon the director leaving the board.