Stewart Wang - Apr 25, 2022 Form 4 Insider Report for TAITRON COMPONENTS INC (TAIT)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Stewart Wang
Stock symbol: TAIT
Transactions as of: Apr 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/27/2022, 08:14 PM
Previous filing: Feb 3, 2022
Next filing: May 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TAIT	Class A Common Stock	Gift	$0	-16K	-9.61%	$0.00	150K	Apr 25, 2022	Direct	F3

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)	Award	$0	+15K		$0.00	15K	Apr 25, 2022	Class A common stock	15K	$3.94	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of stock options pursuant to the Taitron Components 2018 Omnibus Incentive Plan.
F2	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.
F3	"Bona fide gift" with no payment in consideration. Transaction exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-5.