Timothy Whelan - 07 Jan 2022 Form 4 Insider Report for WIRELESS TELECOM GROUP INC

Role
Chief Executive Officer, Director
Signature
/s/ Michael Kandell
Issuer symbol
N/A
Transactions as of
07 Jan 2022
Net transactions value
$0
Form type
4
Filing time
10 Jan 2022, 18:51:31 UTC
Next filing
04 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTT Common Stock, par value $0.01 per share Award $0 +125,000 +64% $0.000000 319,873 07 Jan 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents grant of restricted common stock under the 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3(d). On January 7, 2022, the Reporting Person was granted 125,000 shares of restricted common stock which vest annually over a 2 year period, provided that the Reporting Person's service as an officer of the Company continues to such dates.
F2 Reflects a correction to the balance of securities beneficially owned to include 5,000 shares of common stock purchased on the open market in August 2016, which initially were correctly reported on Form 4 but inadvertently excluded as part of a correction to beneficial ownership in November 2018.