Craig H. Weber - May 17, 2024 Form 4 Insider Report for OPTICAL CABLE CORP (OCC)

Role
Director
Signature
/s/ Craig H. Weber
Stock symbol
OCC
Transactions as of
May 17, 2024
Transactions value $
$0
Form type
4
Date filed
5/21/2024, 04:44 PM
Previous filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCC Common Stock Award $0 +9.99K +4.77% $0.00 219K May 17, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Directors of the Company receive stock and cash as compensation for their services to the Company. Director received an award of 9,990 common shares issued under the Optical Cable Corporation 2017 Stock Incentive Plan, as amended, for the stock portion of the annual retainer for the 2024-2025 board year based on a retainer value of $30,000 at a trading price per share of $3.003. Unless otherwise set forth in the grant award, the 9,990 common shares are subject to forfeiture until they fully vest on May 18, 2025.