Birnbaum Manfred E 4
4 · EnSync, Inc. · Filed Oct 3, 2017
Insider Transaction Report
Form 4
EnSync, Inc.ESNC
Birnbaum Manfred E
Director
Transactions
- Exercise/Conversion
Common Stock
2017-09-30+18,181→ 407,960 total - Exercise/Conversion
Restricted Stock Units
2017-09-30−18,181→ 0 totalExercise: $0.00→ Common Stock (18,181 underlying)
Footnotes (3)
- [F1]Represents shares acquired upon vesting of a restricted stock unit award.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock. Restricted stock units that become earned and vested are payable on the earlier of (i) vesting and (ii) the date of a change in control.
- [F3]The restricted stock units vest as follows: 25% on the date of grant and the remaining units vest in three equal installments on each of March 31, 2017, June 30, 2017 and September 30, 2017.