William S. Marth - Jul 21, 2021 Form 4 Insider Report for Teligent, Inc. (TLGT)

Role
Director
Signature
/s/ William S. Marth
Stock symbol
TLGT
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
4
Date filed
7/22/2021, 04:35 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLGT Restricted Stock Units Award $0 +150K $0.00 150K Jul 21, 2021 Common Stock 150K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The shares underlying the derivative securities shall vest fully on the first anniversary of the date of grant.
F3 Each non-employee director of the Issuer is entitled to receive an annual grant of restricted stock units ("RSUs") with a value of $75,000 on the date of grant, such grants to be effective as of the date of the 2021 annual meeting of stockholders, and annually thereafter. The closing price of the Issuer's common stock on the date of grant was $0.50.