RIPP ROBERT 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Jan 30, 2020
Insider Transaction Report
Form 4
RIPP ROBERT
Director
Transactions
- Award
Restricted stock unit
2019-11-14+48,000→ 48,000 totalExercise: $0.00→ Class A common stock (48,000 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, with the first vesting on November 14, 2020. 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.