Willkomm Wayne 4
4 · Lifeloc Technologies, Inc · Filed Oct 10, 2017
Insider Transaction Report
Form 4
Willkomm Wayne
Director
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2017-10-01−50,000→ 50,000 totalExercise: $8.83Exp: 2026-01-18→ Common Stock (50,000 underlying) - Award
Stock Options (Right to Buy)
2017-10-01+50,000→ 50,000 totalExercise: $6.00Exp: 2027-10-01→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The stock options were granted under the issuer's 2013 Stock Option Plan, and were subject to performance-based vesting based on the achievement of certain performance conditions set forth in the employment agreement between the issuer and the reporting person. The stock options were forfeited in connection with execution of an amended and restated employment agreement, which provided for revised performance metrics and a revised exercise price.
- [F2]The stock options were granted under the issuer's 2013 Stock Option Plan, and are subject to performance-based vesting based on the achievement of certain performance conditions set forth in the amended and restated employment agreement between the issuer and the reporting person.