Francisco F. Blanco - Apr 13, 2022 Form 4 Insider Report for TECHNICAL COMMUNICATIONS CORP (TCCO)

Role
Director
Signature
/s/ Michael P. Malone, as attorney-in-fact for Francisco F. Blanco
Stock symbol
TCCO
Transactions as of
Apr 13, 2022
Transactions value $
$0
Form type
4
Date filed
4/15/2022, 04:15 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 TCCO Options to purchase common stock Award +7K 7K Apr 13, 2022 Common stock 7K $1.75 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest 20% per year on the anniversary of the date of grant.
F2 Options granted pursuant to the issuer's 2021 Equity Incentive Plan