Sonoma Pharmaceuticals, Inc. 4
4 · Sonoma Pharmaceuticals, Inc. · Filed Jun 30, 2017
Insider Transaction Report
Form 4
Umscheid Marc
Chief Strategy/Mkt Officer
Transactions
- Award
Restricted Shares Common Stock, $0.0001 par value per share
2017-06-29+2,042→ 2,792 total
Footnotes (2)
- [F1]The restricted shares will vest in equal increments of one-third over two years, e.g. one-third vests immediately on the date of the grant, one-third vests on the first anniversary of the date of the grant, or June 29, 2018, and the remaining one-third vests on the second anniversary of the date of the grant, or June 29, 2019.
- [F2]The restricted shares were granted by the Issuer as a performance bonus award pursuant to the FY2017 Bonus Plan, based on the closing price of the Issuer's common stock of $6.94 on June 29, 2017.