Carleton M. Miller - Feb 16, 2022 Form 4 Insider Report for Vislink Technologies, Inc. (VISL)

Role
Chief Executive Officer, Director
Signature
/s/ Ira Kotel, attorney-in-fact
Stock symbol
VISL
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/18/2022, 08:45 PM
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VISL Common Stock Award $0 +2.07M +120.87% $0.00 3.78M Feb 16, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of common stock of the Issuer.
F3 258,269 of the RSUs vest on February 16, 2022, and 21,522.4167 of the RSUs vest in substantially equal monthly increments over the 36-month period thereafter. 1,033,076 of the RSUs vest in three equal tranches on or prior to December 31, 2026, subject to the Issuer achieving certain revenue levels in any trailing four-quarter fiscal period. The RSUs will become fully vested if, during the 13 month period commencing on a Change In Control of the Issuer, the Issuer terminates the Reporting Person's employment without Cause or he terminates his employment for Good Reason (as such terms defined in the Reporting "Person's" Employment Agreement).