Philip K. Yachmetz - Jul 16, 2021 Form 4/A - Amendment Insider Report for Teligent, Inc. (TLGT)

Role
EVP, Chief Legal Off, Corp Sec
Signature
/s/ Philip K. Yachmetz
Stock symbol
TLGT
Transactions as of
Jul 16, 2021
Transactions value $
-$1,248
Form type
4/A - Amendment
Date filed
7/20/2021, 03:05 PM
Date Of Original Report
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLGT Common Stock Options Exercise $0 +7.84K $0.00 7.84K Jul 16, 2021 Direct F1
transaction TLGT Common Stock Tax liability -$1.25K -2.66K -33.9% $0.47 5.18K Jul 16, 2021 Direct F2

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 Options Exercise $0 +7.84K +100% $0.00 15.7K Jul 16, 2021 Common Stock 7.84K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock received upon vesting of a restricted stock unit award.
F2 Represents shares withheld by Registrant to satisfy tax withholding requirements on vesting of restricted stock units.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock.
F4 This is the first vesting of the restricted stock units issued on 7/16/2020. Two remaining equal vestings occur on July 16, 2022 and July 16, 2023, subject to the Reporting Person's continued employment with the Registrant.
F5 These securities were issued as an inducement to the Reporting Person to enter into employment with the Registrant.

Remarks:

This amended Form 4 is being filed to correct a typographical error in the original Form 4 filed on 7/20/2021.