Jude T. Panetta - Feb 16, 2022 Form 4 Insider Report for Vislink Technologies, Inc. (VISL)

Role
Director
Signature
/s/ Jude T. Panetta
Stock symbol
VISL
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/18/2022, 08:45 PM
Previous filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VISL Common Stock Award $0 +200K +682.43% $0.00 229K 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 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).