John E. Celentano - 21 Jul 2021 Form 4 Insider Report for Teligent, Inc.

Role
Director
Signature
/s/ John E. Celentano
Issuer symbol
N/A
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
4
Filing time
22 Jul 2021, 17:04:00 UTC
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLGT Restricted Stock Units Award $0 +150,000 $0.000000 150,000 21 Jul 2021 Common Stock 150,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock
F2 The shares underlying the derivative securities shall vest fully on the first anniversary of grant.
F3 Each non-employee director of the Issuer is entitled to receive an annual grant of restricted stock units ("RSUs") with a value of $75,000 on the date of grant, such grants to be effective as of the date of the 2021 annual meeting of stockholders, and annually thereafter. The closing price of the Issuer's common stock on the date of grant was $0.50.