Zavala Luis 4/A
4/A · Polar Power, Inc. · Filed Aug 14, 2018
Insider Transaction Report
Form 4/AAmended
Zavala Luis
VP Finance and Acting CFO
Transactions
- Award
Stock Option (Right to Buy)
2018-04-02+90,000→ 90,000 totalExercise: $5.09Exp: 2028-04-02→ Common Stock (90,000 underlying)
Footnotes (2)
- [F1]The original Form 4, filed on April 4, 2018, is being amended by this Form 4 amendment solely to correct a scrivener's error which misreported the exercise price of the option as $4.97 when, in fact, the exercise price of the option is $5.09 per share.
- [F2]Subject to the award recipient continuing to be employed by the Issuer or an Affiliate (as defined in the Issuer's 2016 Omnibus Incentive Plan) through each applicable vesting date, the option will vest as follows: one-third of the shares subject to the option shall vest and become exercisable on each of April 2, 2019, April 2, 2020 and April 2, 2021.