Herfurth Mary 4
4 · LENDWAY, INC. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
LENDWAY, INC.LDWY
Herfurth Mary
Director
Transactions
- Award
Common Stock Equivalent
2023-12-31$4.61/sh+1,193$5,500→ 1,878 total→ Common Stock (1,193 underlying)
Footnotes (1)
- [F1]Each Common Stock Equivalent is the economic equivalent of one share of Lendway, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Lendway, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Lendway, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.