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Professional Diversity Network, Inc. — Director's Dealing 2018
Apr 24, 2018
35204_dirs_2018-04-24_1574d1f2-4c74-47d1-8157-c258ec5fdd3b.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: 2018-04-19
Reporting Person: Kirsch James R (Director, Co-Executive Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-19 | Employee Stock Option (right to buy) | $2.82 | A | 75000 | Acquired | Common Stock (75000) | Direct |
Footnotes
F1: On April 19, 2018, the Company granted an option to purchase 75,000 shares to purchase Common Stock to Mr. Kirsch. The options issued to the executive will vest in accordance with the following schedule: (i) 1/3 of the shares underlying the option will vest immediately on the Effective Date, (ii) 1/3 of the shares underlying the option will vest on the one-year anniversary of the Effective Date, and (iii) 1/3 of the shares underlying the option will vest on the two-year anniversary of the Effective Date.