Phillips Todd L. 4
4 · INDUSTRIAL SERVICES OF AMERICA INC · Filed Jan 26, 2018
Insider Transaction Report
Form 4
Phillips Todd L.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted stock units
2017-12-31−11,250→ 11,250 total→ Common stock (11,250 underlying) - Exercise/Conversion
Common Stock
2017-12-31+11,250→ 82,307 total - Tax Payment
Common stock
2017-12-31$1.64/sh−3,914$6,419→ 78,393 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- [F2]One June 15, 2016, the reporting person was granted 90,000 RSUs, vesting as follows if the reporting person remains employed by the issuer through each of the following dates: (i) on July 1, 2016, 45,000 of the RSUs vest; (ii) on December 31, 2016, 11,250 of the RSUs vest; (iii) on June 30, 2017, 11,250 of the RSUs vest; (iv) on December 31, 2017, 11,250 of the RSUs vest; and (v) on June 15, 2018, 11,250 of the RSUs vest.