Filing Details
- Accession Number:
- 0001179110-22-003200
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-06-02 19:40:59
- Reporting Period:
- 2022-06-01
- Accepted Time:
- 2022-06-02 19:40:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1046995 | Emagin Corp | EMAN | Semiconductors & Related Devices (3674) | 561764501 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1520490 | Amalkumar Ghosh | 700 South Drive, Suite 201 Hopewell Junction NY 12533 | Coo/Svp | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2022-06-01 | 7,342 | $0.00 | 46,446 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-06-01 | 3,075 | $0.67 | 43,371 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Acquisiton | 2022-06-01 | 7,342 | $0.00 | 7,342 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 36,710 | No | 4 | M | Direct |
Footnotes
- The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The shares were issued pursuant to vested RSUs.
- The sales reported represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.651 to $0.685 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Represents the settlement of vested RSUs. The Reporting Person was previously granted 44,052 RSUs that represent a contingent right to receive one share Common Stock for each RSU. Half, or 22,026 of the previously granted RSU's are performance based and vest over a three-year period subject to achievement of certain performance conditions. The remaining RSUs are subject to a three-year service-based vesting requirement, vesting in equal installments over the three years. 1/3 of the service-based RSUs vested on June 1, 2022 and the remaining RSUs will vest in equal installments over the remaining two years, subject to the Reporting Person's continuous service with the issuer.
Billionaire Hedge Funds
