EVINE Live Inc. 4
4 · EVINE Live Inc. · Filed Aug 22, 2016
Insider Transaction Report
Form 4
EVINE Live Inc.EVLV
Rosenblatt Robert
Director
Transactions
- Award
Stock Option (Right-to-Buy)
2016-08-18+375,855→ 375,855 totalExercise: $1.60From: 2017-03-28Exp: 2026-03-28→ Common Stock (375,855 underlying) - Award
Common Stock
2016-08-18+625,000→ 988,427 total
Footnotes (2)
- [F1]The restricted stock grant shall vest one-third upon the effective date, one-third when the per-share closing price of the Company's stock reaches or exceeds an average trading price of $4 for twenty consecutive trading days and the reporting person has been continuously employed for at least one year from the effective date, and the remaining shares when the per-share closing price of the Company's stock reaches or exceeds an average trading price of $6 for twenty consecutive trading days and the reporting person has been continuously employed for at least two years after the effective date.
- [F2]The option vests in three equal installments beginning on 3/28/2017 and the subsequent two anniversaries of that date.