Jonathan New, Net Element International's Chief Financial Officer, recently acquired 12,568 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on February 28, 2017. New now owns 31,882 shares of the company. New operates out of North Miami Beach, FL. Some additional info was provided as follows:
Net Element, Inc. (the "Company") awarded to Jonathan New, Chief Financial Officer of the Company, 12,568 Restricted Shares (as defined in the Company's 2013 Equity Incentive Plan, as amended (the "Plan"), vesting as follows: (i) 50% of such shares vest on the grant date, and (ii) the balance 50% of such shares vest quarterly in 4 equal proportions over a period of 4 quarters.
Net Element, Inc
. awarded 120,000 options to purchase shares of common stock to Jonathan New pursuant to the terms of the Plan.
Options vest as follows: (i) 50% of the option shares vest on the grant date, and (ii) the balance 50% of the option shares vest quarterly in 4 equal proportions over a period of 4 quarters.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: