Almquist Gordon 4
4 · GIGA TRONICS INC · Filed Dec 18, 2018
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
Almquist Gordon
Director
Transactions
- Award
Non-Qualified Stock Option
2018-04-19+25,000→ 96,500 totalExercise: $0.34From: 2019-04-19Exp: 2028-04-19→ Common Stock (25,000 underlying) - Award
Common Stock- Restricted Share Award Agreement
2018-04-19+75,000→ 230,500 total
Footnotes (2)
- [F1]Restricted stock vests on the following schedule: At March 30, 2019, subject to Grantee's Continuous service with the Company, 100% of the Shares shall vest and become free of any restriction.
- [F2]Options vest on the following schedule: 25% of the Shares vest at the first anniversary from the date of grant and 25% of the Shares on each successive anniversary thereafter.