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Professional Diversity Network, Inc. Director's Dealing 2018

Apr 24, 2018

35204_dirs_2018-04-24_65ee968d-34c4-457e-b488-17d6df0cae90.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Professional Diversity Network, Inc. (IPDN)
CIK: 0001546296
Period of Report: 2017-06-26

Reporting Person: Liu Xianfang (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-26 Restricted Stock Units $ A 7772 Acquired Common Stock (7772) Direct
2018-04-19 Restricted Stock Units $ A 8865 Acquired Common Stock (8865) Direct

Footnotes

F1: On June 26, 2017, the Company granted 7,772 restricted stock units ("RSUs") to Mr. Liu. The RSUs will vest on June 28, 2018. The RSUs have no voting or dividend rights. The fair value of the common stock on the date of grant was $7.72 per share.

F2: On April 19, 2018, the Company granted 8,865 restricted stock units ("RSUs") to Mr. Liu. The RSUs will vest on April 19, 2019. The RSUs have no voting or dividend rights. The fair value of the common stock on the date of grant was $2.82 per share.

F3: Each restricted stock unit represents a contingent right to receive one share of IPDN common stock.