Tzu Sheng Ku - 10 Aug 2023 Form 4 Insider Report for TAITRON COMPONENTS INC (TAIT)

Role
Director, 10%+ Owner
Signature
/s/ David Vanderhorst, Attorney-in-Fact
Issuer symbol
TAIT
Transactions as of
10 Aug 2023
Net transactions value
+$49,549
Form type
4
Filing time
14 Aug 2023, 18:46:23 UTC
Previous filing
31 May 2022
Next filing
11 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAIT Class A common stock Options Exercise $26,700 +15,000 +2.3% $1.78 678,265 10 Aug 2023 Direct
transaction TAIT Class A common stock Options Exercise $14,750 +5,000 +0.74% $2.95 683,265 10 Aug 2023 Direct
transaction TAIT Class A common stock Options Exercise $8,099 +3,333 +0.49% $2.43 686,598 10 Aug 2023 Direct

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 TAIT Employee Incentive Stock Option (right to buy) Options Exercise $0 -15,000 -100% $0.000000* 0 10 Aug 2023 Class A common stock 15,000 $1.78 Direct F1
transaction TAIT Employee Incentive Stock Option (right to buy) Options Exercise $0 -5,000 -100% $0.000000* 0 10 Aug 2023 Class A common stock 5,000 $2.95 Direct F1
transaction TAIT Employee Incentive Stock Option (right to buy) Options Exercise $0 -3,333 -67% $0.000000 1,667 10 Aug 2023 Class A common stock 3,333 $2.43 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant Date. Stock options vest in equal one-third (1/3) increments each year on the anniversary of the grant date for the next three (3) years.