-
Signature
-
Mala M Ray
-
Issuer symbol
-
ECIA
-
Transactions as of
-
11 Aug 2021
-
Transactions value $
-
-$10,073
-
Form type
-
4
-
Filing time
-
15 Sep 2021, 13:52:21 UTC
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
ECIA |
Common Stock |
Options Exercise |
$23,250 |
+75,000 |
|
$0.31 |
75,000 |
11 Aug 2021 |
Direct |
|
| transaction |
ECIA |
Common Stock |
Tax liability |
-$33,323 |
-41,140 |
-54.85% |
$0.81 |
33,860 |
11 Aug 2021 |
Direct |
|
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 |
ECIA |
Employee Stock Option (right to buy) |
Options Exercise |
$0 |
-75,000 |
-100% |
$0* |
0 |
11 Aug 2021 |
Common Stock |
75,000 |
$0.31 |
Direct |
|
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Remarks:
On August 11, 2021, the reporting person net exercised an existing outstanding stock option for 75,000 common shares with an option exercise price of .31 per share. As permitted by the terms of the stock option, 28,704 shares were withheld to pay the exercise price and 12,436 shares were withheld to pay tax withholding obligations. The remaining 33,860 shares were issued to the reporting person.