Key facts
- This page summarizes Paul J. Travers's Form 4/A - Amendment filing for Vuzix Corp (VUZI).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 Jan 2025, 16:33.
Paul J. Travers - 02 Jan 2025 Form 4/A - Amendment Insider Report for Vuzix Corp (VUZI)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- VUZI
- Reported as of
- 02 Jan 2025
- Net transaction value
- $0
- SEC form
- 4/A - Amendment
- Accepted by SEC
- 08 Jan 2025, 16:33:41 UTC
- Original report date
- 06 Jan 2025
- Prior SEC filing
- 02 Jul 2024
- Next SEC filing
- 30 Apr 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Paul Travers
Source evidence
Original filing metadata and source links for verification.
6 source fields
Reporting owner
1 detail
Key filing fact
Paul J. Travers filed Form 4/A - Amendment for Vuzix Corp (VUZI) on 08 Jan 2025.
Change
- Previous filing in this sequence was filed on 02 Jul 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VUZI
transaction
Derivative
Restricted Stock Unit
Award
- Transaction value
- $0
- Shares
- +291,878
- Change %
- Price
- $0.000000
- Shares after
- 291,878
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 291,878
- Exercise price
- Footnotes
- F1, F2
VUZI
transaction
Derivative
Options (Right to Buy)
Other
- Transaction value
- $0
- Shares
- -3,010,000
- Change %
- -92%
- Price
- $0.000000
- Shares after
- 250,000
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,260,000
- Exercise price
- $19.00
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each Restricted Stock Unit ("RSU"s) represents the contingent right to receive one share of common stock.
Footnote F2
The RSUs and cancellation of the unvested options are subject to shareholder approval to be obtained at the Company's 2025 shareholder meeting. Upon and subject to such shareholder approval, the grant of the RSUs will be effective and the unvested options issued to the Reporting Person on March 17, 2021 will simultaneously terminate. Subject to the foregoing, 50% (145,939) of the RSUs will vest in 3 years from the date of grant, and the remaining 50% (145,939) will vest solely upon achievement of certain performance results goals and not simply the passage of time. This remaining 50% may increase to up to 125% of such amount (182,424 RSUs) subject to achievement of certain results.
Footnote F3
250,000 options vested immediately, and the remaining 3,010,000 options were to vest solely upon achievement of certain market capitalization and operating results goals and not simply the passage of time. As set forth in footnote (2) above, the unvested options will terminate subject to and upon shareholder approval.