RIPP ROBERT 4
4 · LIGHTPATH TECHNOLOGIES INC · Filed Nov 23, 2020
Insider Transaction Report
Form 4
RIPP ROBERT
Director
Transactions
- Award
Restricted stock unit
2020-11-12+22,222→ 22,222 total→ Class A common stock (22,222 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 12, 2021. Director has elected to defer receipt of the shares until he is no longer on the board. Any unvested restricted stock units will vest immediately upon the director leaving the board.