Faris M. Scott 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Nov 16, 2018
Insider Transaction Report
Form 4
Faris M. Scott
Director
Transactions
- Award
Restricted stock unit
2018-11-15+32,787→ 32,787 totalExercise: $0.00From: 2019-11-15→ Class A common stock (32,787 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 November 15, 2019. 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.