Christopher Kent DeSalvo - 04 Jan 2024 Form 4 Insider Report for Vislink Technologies, Inc. (VISL)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
04 Jan 2024, 17:32:20 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ira Kotel, attorney-in-fact

Key filing fact

Christopher Kent DeSalvo filed Form 4 for Vislink Technologies, Inc. (VISL) on 04 Jan 2024.

Key facts

  • This page summarizes Christopher Kent DeSalvo's Form 4 filing for Vislink Technologies, Inc. (VISL).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2024, 17:32.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VISL transaction

Common Stock

Award

Transaction value
$0
Shares
+60,664
Change %
Price
$0.000000
Shares after
60,664
Date
04 Jan 2024
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Restricted Stock Award Agreement by and between the Issuer and the Reporting Person, dated as of January 4, 2024, 50% of the inducement RSUs are time-based and will vest as to one-third of such time-based RSUs on each anniversary date over a period of three years. The balance of the inducement RSUs are performance-based. The performance-based RSUs will vest in three equal tranches of shares upon the Company's attainment of specified performance metrics to be set by the Board of the Directors of the Company or Compensation Committee thereof by March 31, 2024, subject in each case to Mr. DeSalvo's continued employment by the Company on the applicable vesting date. These RSUs were granted outside of the Issuer's existing equity compensation plans as an inducement material to the Reporting Person's becoming an employee of the Issuer, in accordance with Nasdaq Listing Rule 5635(c)(4).

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