Lin Jan-Yuan 5
5 · Aerkomm Inc. · Filed Feb 14, 2020
Insider Transaction Report
Form 5
Aerkomm Inc.AKOM
Lin Jan-Yuan
Director
Transactions
- Award
Stock option (right to buy)
2019-07-02+6,000→ 9,000 totalExercise: $3.96From: 2019-07-02Exp: 2029-07-02→ Common Stock (6,000 underlying)
Holdings
- 372,905
Common Stock
- 959,230(indirect: Held by Dmedia Holding LP)
Common Stock
- 89,498(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]The reporting person holds an 42.4% interest in Dmedia Holding LP and an 7% ownership interest in Dmedia LLC, the General Partner of Dmedia Holding LP. As such, the reporting person has a pecuniary interest in 959,230 shares held by Dmedia Holding LP.
- [F2]Represents ten-year qualified stock options to purchase 6,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated July 2, 2019. The options will vest 25% upon the date of issuance of the grant, 25% upon the date the Company obtains from the AMF a visa on the Company's European listing prospectus, 25% upon the first anniversary of the date of issuance of the grant, and 25% upon the second anniversary of the date of issuance of the grant; except that, if the Company does not obtain from the AMF a visa on the Company's European listing prospectus, the stock options shall vest according to the following schedule: 25% upon the date of issuance of the grant, 50% upon the first anniversary of the date of issuance of the grant, and 25% upon the second anniversary of the date of issuance of the grant.
- [F3]Includes previously reported ten-year non-qualified stock options to purchase 3,000 shares (after reflecting 5 to 1 reverse split) at $30.25 per share, granted to the Reporting Person on June 23, 2017 under the Issuer's equity incentive plan, pursuant to a stock option agreement, dated June 23, 2017, which will vest in three equal installments commencing on the first anniversary of the grant date.