STEWART WANG - 11 May 2022 Form 4 Insider Report for TAITRON COMPONENTS INC (TAIT)

Signature
/s/Stewart Wang
Issuer symbol
TAIT
Transactions as of
11 May 2022
Net transactions value
+$160,200
Form type
4
Filing time
12 May 2022, 18:36:41 UTC
Previous filing
27 Apr 2022
Next filing
29 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAIT Employee Incentive Stock Option (right to buy) Options Exercise $160,200 +90,000 +60% $1.78 240,439 10 May 2022 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 +90,000 $0.000000* 0 10 May 2022 Class A Common Stock 90,000 $1.78 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