Randall H. Frazier - Jul 26, 2023 Form 4 Insider Report for OPTICAL CABLE CORP (OCC)

Role
Director
Signature
/s/ Randall H. Frazier
Stock symbol
OCC
Transactions as of
Jul 26, 2023
Transactions value $
$0
Form type
4
Date filed
7/27/2023, 04:49 PM
Previous filing
Jun 23, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCC Common Stock Award $0 +7.14K +9.76% $0.00 80.3K Jul 26, 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.