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

Role
Director
Signature
/s/ David Vanderhorst, Attorney-in-Fact
Stock symbol
TAIT
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/11/2022, 05:29 PM
Next filing
May 31, 2022

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 +5K $0.00 5K Oct 5, 2020 Class A common stock 5K $2.21 Direct F1, F2
transaction TAIT Employee Incentive Stock Option (right to buy) Award $0 +5K $0.00 5K Aug 2, 2021 Class A common stock 5K $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.