John A. Nygren - May 17, 2024 Form 4 Insider Report for OPTICAL CABLE CORP (OCC)

Role: Director
Signature: /s/ John A. Nygren
Stock symbol: OCC
Transactions as of: May 17, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/21/2024, 04:49 PM
Previous filing: Jul 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCC	Common Stock	Award	$0	+9.99K	+13.01%	$0.00	86.8K	May 17, 2024	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 9,990 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2024-2025 board year based on a retainer value of $30,000 at a trading price per share of $3.003. Unless otherwise set forth in the grant award, the 9,990 common shares are subject to forfeiture until they fully vest on May 18, 2025.

Content

Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 9,990 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2024-2025 board year based on a retainer value of $30,000 at a trading price per share of $3.003. Unless otherwise set forth in the grant award, the 9,990 common shares are subject to forfeiture until they fully vest on May 18, 2025.