RALPH E. FAISON - 16 Feb 2022 Form 4 Insider Report for Vislink Technologies, Inc. (VISL)

Role
Director
Signature
/s/ Ralph E. Faison
Issuer symbol
VISL
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 20:45:18 UTC
Previous filing
20 Aug 2021
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VISL Common Stock Award $0 +200,000 +702% $0.000000 228,473 16 Feb 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 one-time award received by non-employee members of the Board of Directors of the Issuer and also represents contingent right to receive one share of common stock of the Issuer.
F3 40,000 of the RSUs vest on each anniversary of the date of the grant over a five year period, provided that the nonemployee director has remained in continuous service as a member of the Board as of such vesting date. The RSUs will become fully vested if, during the 13 month period commencing on a Change in Control of the Issuer, the nonemployee director's service with the Issuer is terminated other than for "Cause" (as such terms are defined in the Reporting Person's Restricted Stock Award).