Key facts
- This page summarizes Mitchell H. Herbets's Form 4 filing for WIRELESS TELECOM GROUP INC.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 03 Aug 2021, 21:49.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Additional SEC filing notes
Footnote F1
Transaction represents grant of Restricted Stock Units ("RSUs") under the 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3(d). On August 2, 2021 the Reporting Person was granted 25,000 RSUs which vest on August 1, 2022 (the "Vesting Date"), provided that the Reporting Person's service as a director of the Company continues to such date. Vesting may occur earlier during the Reporting Person's period of service due to death or disability or the occurrence of a change in control. Each RSU represents the contingent right to receive, at settlement, one share of Wireless Telecom Group (WTT) Common Stock subject to vesting of said unit. Settlement will occur within 30 days of the earlier of three years from the grant date, the date of the Reporting Person's separation from service (assuming vesting) or a change in control (assuming vesting).
Footnote F2
Of the reported securities, 100,000 are represented by RSUs.