Richard Chiang - 31 Dec 2021 Form 5 Insider Report for TAITRON COMPONENTS INC (TAIT)

Role
Director
Signature
/s/ David Vanderhorst, Attorney-in-Fact
Issuer symbol
TAIT
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
11 Feb 2022, 17:29:19 UTC
Next filing
31 May 2022
SEC
View on sec.gov

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 +5,000 $0.000000 5,000 05 Oct 2020 Class A common stock 5,000 $2.21 Direct F1, F2
transaction TAIT Employee Incentive Stock Option (right to buy) Award $0 +5,000 $0.000000 5,000 02 Aug 2021 Class A common stock 5,000 $4.44 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.