CIPOLLA DOROTHY M 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Oct 27, 2017
Insider Transaction Report
Form 4
CIPOLLA DOROTHY M
CFO & Secretary
Transactions
- Award
Restricted stock unit
2017-10-26+8,602→ 8,602 totalExercise: $0.00From: 2018-10-26→ Class A common stock (8,602 underlying) - Award
Incentive stock option
2017-10-26$4.24/sh+9,770$41,425→ 9,770 totalExercise: $4.24From: 2018-10-26Exp: 2027-10-26→ Class A common stock (9,770 underlying)
Footnotes (3)
- [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. The restricted stock units were granted to the reporting person in satisfaction of certain performance criteria being met for fiscal year ended June 30, 2017.
- [F3]The incentive stock option was granted to the reporting person in satisification of certain performance criteria being met for the fiscal year ended June 30, 2017. The incentive stock options vests in three equal installments beginning on October 26, 2018.