Richardson Michael Spencer 4
4 · DropCar, Inc. · Filed May 21, 2019
Insider Transaction Report
Form 4
DropCar, Inc.DCAR
Richardson Michael Spencer
DirectorChief Executive Officer10% Owner
Transactions
- Tax Payment
Common Stock
2019-05-17−62,927→ 181,429 total - Exercise of In-Money
Restricted Stock Unit
2019-05-17−122,321→ 0 totalExercise: $0.00From: 2019-02-28Exp: 2019-02-28→ Common Stock (122,321 underlying) - Exercise of In-Money
Common Stock
2019-05-17+122,321→ 244,356 total
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
- [F2]On February 28, 2019, the Reporting Person was granted 733,929 restricted stock units (or 122,321 restricted stock units after giving effect to the Issuer's one-for-six reverse stock split, which occurred on March 8, 2019), which vested in full on May 17, 2019.