David Vanderhorst - 09 May 2022 Form 4 Insider Report for TAITRON COMPONENTS INC (TAIT)

Role
CFO
Signature
/s/ David Vanderhorst
Issuer symbol
TAIT
Transactions as of
09 May 2022
Net transactions value
+$48,600
Form type
4
Filing time
10 May 2022, 17:42:57 UTC
Previous filing
27 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAIT Class A common stock Options Exercise $48,600 +30,000 +79% $1.62 68,000 09 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 -30,000 -100% $0.000000* 0 09 May 2022 Class A common stock 30,000 $1.62 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.