Steven E. Creviston - Jun 25, 2021 Form 4 Insider Report for LIGHTPATH TECHNOLOGIES INC (LPTH)

Role
Director
Signature
/s/ Natalie Cockayne, attorney-in-fact
Stock symbol
LPTH
Transactions as of
Jun 25, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 04:40 PM
Previous filing
May 13, 2021
Next filing
Aug 9, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LPTH Restricted stock unit Award $0 +15.3K $0.00 15.3K Jun 25, 2021 Class A common stock 15.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F2 The annual restricted stock unit awards for directors generally vest equally over a three year period. Mr. Creviston's initial grant is prorated for his mid-year appointment to the board; therefore, the shares will vest as follows: 3,934 shares on November 12, 2021, 5,697 shares on November 12, 2022 and 5,697 shares on November 12, 2023.