Liquid Holdings Group, Inc. 4
4 · Liquid Holdings Group, Inc. · Filed Oct 7, 2013
Insider Transaction Report
Form 4
Simone Victor R Jr
Director
Transactions
- Award
Common Stock
2013-10-04+12,222→ 72,140 total - Award
Common Stock
2013-10-04+3,472→ 75,612 total
Footnotes (2)
- [F1]In consideration of his service as a member of Issuer's board of directors, the reporting person received a grant of 12,222 restricted stock units on October 4, 2013 pursuant to the Issuer's 2012 Amended and Restated Stock Incentive Plan, which will vest on the earlier of (a) one (1) year from the Date of Award and (b) the day before the next annual meeting of the Issuer's stockholders. Each restricted stock unit represents a right to receive one share of the Issuer's common stock as of the date of vesting. The shares of common stock underlying the restricted stock units will be delivered to the reporting person on the date that is six months following his separation from service as a member of the Issuer's board of directors.
- [F2]In lieu of receiving a cash retainer in consideration of his service as a member of Issuer's board of directors, the reporting person received a grant of 3,472 restricted stock units on October 4, 2013 pursuant to the Issuer's 2012 Amended and Restated Stock Incentive Plan, vesting immediately. Each restricted stock unit represents a right to receive one share of the Issuer's common stock as of the date of vesting. The shares of common stock underlying the restricted stock units will be delivered to the reporting person on the date that is six months following his separation from service as a member of the Issuer's board of directors.