SEC Form 4 · accession 0001493152-18-005689
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Belsky
Director
Period of report
Apr 19, 2018
Accepted (ET)
Apr 24, 2018 · 12:58 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 UnitsF2,F1 | — | Apr 19, 2018 | A | 8,865 | A | — | — | Common Stock | 8,865 | 8,865 | D |
Explanation of responses
- F1On April 19, 2018, the Company granted 8,865 restricted stock units ("RSUs") to Mr. Belsky. 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.
- F2Each restricted stock unit represents a contingent right to receive one share of IPDN common stock.