AI assistant
KOPIN CORP — Director's Dealing 2008
Apr 8, 2008
33037_dirs_2008-04-07_4709ae0f-2c71-4a15-a7a3-6cbce4c21330.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KOPIN CORP (KOPN)
CIK: 0000771266
Period of Report: 2008-04-03
Reporting Person: TSAUR BOR YEU (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-04-03 | Common Stock | A | 60000 | $2.75 | Disposed | 264579 | Direct |
| 2008-04-03 | Common Stock | A | 60000 | $2.75 | Disposed | 324579 | Direct |
| 2008-04-03 | Common Stock | A | 46829 | $2.75 | Disposed | 371408 | Direct |
Footnotes
F1: The common stock is subject to certain restrictions. Restrictions on 10,000 shares lapse on December 31, 2008 and restrictions on 10,000 shares lapse on December 31, 2009.
F2: The common stock is subject to certain restrictions. Restrictions on 25% of the shares lapse on December 10, 2008, December 10, 2009, December 10, 2010 and December 10, 2011.
F3: The common stock is subject to certain forfeiture provisions. Some or all of the shares will vest upon the achievement of certain financial milestones. Such milestones must be achieved by December 27, 2008. Shares which do not vest because the milestones are not achieved will be forfeited. The number of shares shown assumes the achievement of all milestones.