Cawley Joseph 4
4 · TESSCO TECHNOLOGIES INC · Filed May 19, 2020
Insider Transaction Report
Form 4
Cawley Joseph
Senior Vice President
Transactions
- Award
Employee Stock Option
2020-05-15+15,000→ 15,000 totalExercise: $4.36Exp: 2026-05-15→ Common Stock (15,000 underlying) - Tax Payment
Common Stock
2020-05-15−587→ 7,011 total
Footnotes (3)
- [F1]$4.36 closing market price on May 15, 2020.
- [F2]All shares are owned directly, except for 684 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan, 1,446 shares owned indirectly through the TESSCO Team Member Stock Purchase Plan, and 2,186 shares which are the subject of PSUs awarded for performance years fiscal 2018 and 2019 PSUs earned but not yet vested.
- [F3]The options vest 25% after 1 year and then the remainder vests 1/36 each month for 3 years.