KOPIN CORP — Director's Dealing 2021

Jan 29, 2021

SEC Form 4/A — Form 4/A

Issuer: KOPIN CORP (KOPN)
CIK: 0000771266
Period of Report: 2020-12-31

Reporting Person: FAN JOHN C C (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	A	100000	—	Acquired	5559769	Direct
2020-12-31	Common Stock	F	940000	—	Acquired	4619769	Direct
2020-12-31	Common Stock	A	940000	—	Acquired	5559769	Direct
2020-12-31	Common Stock	A	288843	—	Acquired	5848612	Direct

Footnotes

F1: Restricted stock shall vest upon the achievement of certain milestones, based on the Company's fiscal year 2021 results and is subject to restrictions pursuant to the terms of the Issuer's 2020 Equity Incentive Plan.

F2: On December 31, 2020 940,000 shares of restricted stock were forfeited for failure to meet certain stock price milestones.

F3: On December 31, 2020 the Kopin Corporation's Compensation Committee implemented an incentive plan comprised of five (5) tranches of 188,000 shares of restricted stock which are to vest at the end of the first 20 consecutive trading day period following the grant date during which Kopin Corporation's common stock trades at various price points of the Company's common stock. The period to achieve the stock price milestones are from January 1, 2021 through December 31, 2023.

F4: On December 31, 2020 the Kopin Corporation's Compensation Committee granted shares as part of an incentive plan. Up to 144,422 shares of restricted stock grants can be earned if a milestone is by December 31, 2021 and up to 144,421 shares of restricted stock can be earned if a milestone is achieved by June 30, 2022.