SEC Form 4 · accession 0001493152-18-005685
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hao Zhang
Director
Period of report
Jun 26, 2017
Accepted (ET)
Apr 24, 2018 · 12:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546296
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Jun 26, 2017 | A | 7,772 | A | — | — | Common Stock | 7,772 | 7,772 | D |
| Restricted Stock UnitsF3,F2 | — | Apr 19, 2018 | A | 8,865 | A | — | — | Common Stock | 8,865 | 16,637 | D |
Explanation of responses
- F1On June 26, 2017, the Company granted 7,772 restricted stock units ("RSUs") to Mr. Zhang. 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.
- F2On April 19, 2018, the Company granted 8,865 restricted stock units ("RSUs") to Mr. Zhang. 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.
- F3Each restricted stock unit represents a contingent right to receive one share of IPDN common stock.