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Professional Diversity Network, Inc. Director's Dealing 2018

Apr 24, 2018

35204_dirs_2018-04-24_b617ce91-ca3f-4232-9db1-2ef21ba50cd9.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: Song Jingbo (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 of Common Stock to Mr. Song. 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.