Amalkumar Ghosh - Oct 18, 2023 Form 4 Insider Report for EMAGIN CORP (EMAN)

Role: COO/SVP
Signature: /s/ Mark A. Koch, as Attorney-in-Fact
Stock symbol: EMAN
Transactions as of: Oct 18, 2023
Transactions value $: -$2,466,855
Form type: 4
Date filed: 10/19/2023, 09:56 PM
Previous filing: Jun 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMAN	Common Stock	Options Exercise		+1.12M	+1678.97%		1.19M	Oct 18, 2023	Direct	F1, F2
transaction	EMAN	Common Stock	Disposed to Issuer	-$2.47M	-1.19M	-100%	$2.08	0	Oct 18, 2023	Direct	F1, F3

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	EMAN	Restricted Stock Units	Options Exercise	$0	-1.12M	-100%	$0.00^*	0	Oct 18, 2023	Common Stock	1.12M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Amalkumar Ghosh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of May 17, 2023, by and among the Issuer, Samsung Display Co., Ltd. ("Parent"), Emerald Intermediate, Inc., a wholly owned subsidiary of Parent ("Silk USA"), and Emerald Merger Sub, Inc., a wholly owned subsidiary of Silk USA ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger") effective as of October 18, 2023 (the "Effective Time") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent.
F2	At the Effective Time, each then-outstanding restricted stock unit ("RSU") award held by the Reporting Person became fully earned and vested with respect to the maximum number of shares underlying such RSU award.
F3	At the Effective Time, each share of Common Stock held by the Reporting Person immediately prior to the Effective Time was converted into the right to receive $2.08 in cash, without interest.