SEC Form 4 · accession 0001144204-18-051803
Majesco · MJCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Elster
Officer — Chief Executive Officer · Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 1, 2018 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001626853
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 UnitsF1,F2 | — | Oct 1, 2018 | A | 300,000 | A | — | — | Common stock | 300,000 | 300,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock following vesting.
- F2The restricted stock units are granted pursuant to the Issuer's 2015 Equity Incentive Plan and vest in three equal installments on the first, second and third anniversaries of the date of the grant.