John M. Holland - 26 Jul 2023 Form 4 Insider Report for OPTICAL CABLE CORP (OCC)

Role: Director
Signature: /s/ John M. Holland
Issuer symbol: OCC
Transactions as of: 26 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Jul 2023, 16:48:48 UTC
Previous filing: 10 Apr 2023
Next filing: 21 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCC	Common Stock	Award	$0	+7,140	+5.7%	$0.000000	132,954	26 Jul 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 7,140 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2023-2024 board year based on a retainer value of $30,000 at a trading price per share of $4.2015. Unless otherwise set forth in the grant award, the 7,140 common shares are subject to forfeiture until they fully vest on July 27, 2024.

Content

Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 7,140 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2023-2024 board year based on a retainer value of $30,000 at a trading price per share of $4.2015. Unless otherwise set forth in the grant award, the 7,140 common shares are subject to forfeiture until they fully vest on July 27, 2024.