TALON INTERNATIONAL, INC. 4
4 · TALON INTERNATIONAL, INC. · Filed Jan 30, 2014
Insider Transaction Report
Form 4
Dyne Larry
President
Transactions
- Exercise/Conversion
Common Stock
2014-01-30+577,850→ 5,620,100 total - Exercise/Conversion
Restricted Stock Units
2014-01-30−577,850→ 0 total→ Common Stock (577,850 underlying) - Tax Payment
Common Stock
2014-01-30$0.25/sh−272,403$68,101→ 5,347,697 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Talon International, Inc. common stock. On January 30, 2014, 577,850 shares of common stock were issued to the reporting person upon settlement of vested restricted stock units.
- [F2]The shares were retained by the company in payment of the tax associated with the vesting of restricted stock units previously granted to the reporting person.