Peter Yin - Jan 11, 2024 Form 4 Insider Report for R F INDUSTRIES LTD (RFIL)

Role
Chief Financial Officer
Signature
/s/ Peter Yin
Stock symbol
RFIL
Transactions as of
Jan 11, 2024
Transactions value $
$0
Form type
4
Date filed
1/16/2024, 08:20 PM
Previous filing
Apr 12, 2023
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFIL Common Stock Award $0 +20.9K +24.58% $0.00 106K Jan 11, 2024 Direct F1

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 RFIL Stock Option (Right to Buy Award $0 +41.7K $0.00 41.7K Jan 11, 2024 Common Stock 41.7K $3.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 11, 2024, the Board of Directors of the Issuer granted the Reporting Person restricted stock units of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the restricted stock units shall vest over four years as follows: (i) one-quarter of the restricted stock units shall vest on January 11, 2025; and (ii) the remaining restricted stock units shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 11, 2025.
F2 On January 11, 2024, the Board of Directors of the Issuer granted the Reporting Person options to purchase the common stock of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the options shall vest over four years as follows: (i) one-quarter of the options shall vest on January 11, 2025; and (ii) the remaining options shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 11, 2025.