0001179110-22-003197.txt : 20220602
0001179110-22-003197.hdr.sgml : 20220602
20220602193444
ACCESSION NUMBER: 0001179110-22-003197
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220601
FILED AS OF DATE: 20220602
DATE AS OF CHANGE: 20220602
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCULLEY ANDREW GEORGE JR
CENTRAL INDEX KEY: 0001436271
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15751
FILM NUMBER: 22992604
MAIL ADDRESS:
STREET 1: 260 BRIAR DRIVE
CITY: MARTINEZ
STATE: CA
ZIP: 94553
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EMAGIN CORP
CENTRAL INDEX KEY: 0001046995
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 561764501
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 700 SOUTH DRIVE
STREET 2: SUITE 201
CITY: HOPEWELL JUNCTION
STATE: NY
ZIP: 12533
BUSINESS PHONE: 845-838-7900
MAIL ADDRESS:
STREET 1: 700 SOUTH DRIVE
STREET 2: SUITE 201
CITY: HOPEWELL JUNCTION
STATE: NY
ZIP: 12533
FORMER COMPANY:
FORMER CONFORMED NAME: FASHION DYNAMICS CORP
DATE OF NAME CHANGE: 19980805
4
1
edgar.xml
FORM 4 -
X0306
4
2022-06-01
0
0001046995
EMAGIN CORP
EMAN
0001436271
SCULLEY ANDREW GEORGE JR
700 SOUTH DRIVE, SUITE 201
HOPEWELL JUNCTION
NY
12533
0
1
0
0
President/CEO
Common Stock
2022-06-01
4
M
0
8564
0.00
A
315883
D
Common Stock
2022-06-01
4
S
0
3577
0.6657
D
312306
D
Restricted Stock Units
2022-06-01
4
M
0
8564
0.00
A
Common Stock
8564
42822
D
The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The shares were issued pursuant to vested RSUs.
The sales reported represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.651 to $0.685 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Represents the settlement of vested RSUs. The Reporting Person was previously granted 51,386 RSUs that represent a contingent right to receive one share Common Stock for each RSU. Half, or 25,693 of the previously granted RSU's are performance based and vest over a three-year period subject to achievement of certain performance conditions. The remaining RSUs are subject to a three-year service-based vesting requirement, vesting in equal installments over the three years. 1/3 of the service-based RSUs vested on June 1, 2022 and the remaining RSUs will vest in equal installments over the remaining two years, subject to the Reporting Person's continuous service with the issuer.
/s/ Mark A. Koch, as Attorney-in-Fact
2022-06-02