4//SEC Filing
Rystrom Brent Robert 4
Accession 0001710643-18-000009
CIK 0001063537other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 1:26 PM ET
Size
8.4 KB
Accession
0001710643-18-000009
Insider Transaction Report
Form 4
Rystrom Brent Robert
CFO and EVP
Transactions
- Award
Common Stock Option, right to buy
2018-10-01+150,000→ 150,000 totalExercise: $2.86Exp: 2028-10-01→ Common Stock (150,000 underlying) - Award
Restricted Stock Units
2018-10-01+330,000→ 330,000 total→ Common Stock (330,000 underlying)
Footnotes (3)
- [F1]The option vests and becomes exercisable as to 25% of the option shares annually beginning October 1, 2019.
- [F2]Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock.
- [F3]The RSU shares vest based upon a vesting price equal to the volume weighted average trading price of our common stock over sixty-five consecutive trading days. The RSU shares vest as to (i) 7,500 shares if the vesting price equals or exceeds $5.00 per share, (ii) 22,500 shares if the vesting price equals or exceeds $10.00 per share and (iii) 300,000 shares on the later of (a) October 1, 2019 and (b the date the vesting price equals or exceeds $15.00 per share. The shares covered by the RSU would be issued following vesting as provided in the 2014 Equity Incentive Plan and RSU agreement.
Documents
Issuer
RiceBran Technologies
CIK 0001063537
Entity typeother
Related Parties
1- filerCIK 0001701121
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 1:26 PM ET
- Size
- 8.4 KB