James Moran - 18 Jan 2022 Form 4 Insider Report for India Globalization Capital, Inc. (IGC)

Role
Director
Signature
/s/ James P Moran
Issuer symbol
IGC
Transactions as of
18 Jan 2022
Transactions value $
$0
Form type
4
Filing time
28 Jan 2022, 14:40:56 UTC
Next filing
28 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IGC Common Stock Award $0 +50,000 $0.000000 50,000 18 Jan 2022 Direct F1
transaction IGC Restricted Stock Units Award $0 +100,000 +200% $0.000000 150,000 18 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 50,000 restricted shares of common stock vesting immediately as per the IGC Board of Directors Agreement with Mr. Moran.
F2 Represents 100,000 restricted shares of IGC common stock subject to vesting over two years in equal parts starting 2023, as per the RSU Agreement with Director Moran.