Promod Narang - 30 Sep 2021 Form 4 Insider Report for EGAIN Corp (EGAN)

Role
Other*
Signature
/s/ Promod Narang
Issuer symbol
EGAN
Transactions as of
30 Sep 2021
Net transactions value
$0
Form type
4
Filing time
31 Dec 2024, 16:26:38 UTC
Next filing
14 Nov 2023

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 EGAN Employee Stock Option (right to buy) Award $0 +115,000 $0.000000 115,000 30 Sep 2021 Common Stock 115,000 $11.36 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Promod Narang is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The option grant was approved by the Board of Directors on September 10, 2021, subject to approval by the stockholders of the Issuer with respect to certain amendments to the Issuer's Amended and Restated 2005 Stock Incentive Plan, which was approved on September 30, 2021.
F2 The option will vest and become exercisable over four years at the rate of 1/48th of the total shares each month following September 1, 2021, subject to continued employment or service.

Remarks:

Former Head of Products and Technologies. On the grant date, Mr. Promod Narang was serving as the Issuer's Head of Products and Technologies. As of September 30, 2024, Mr. Promod Narang is no longer a Section 16 reporting officer of the Issuer.