0001493152-24-001125.txt : 20240104 0001493152-24-001125.hdr.sgml : 20240104 20240104173220 ACCESSION NUMBER: 0001493152-24-001125 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240104 FILED AS OF DATE: 20240104 DATE AS OF CHANGE: 20240104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DeSalvo Christopher Kent CENTRAL INDEX KEY: 0002006564 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35988 FILM NUMBER: 24513447 MAIL ADDRESS: STREET 1: 350 CLARK DRIVE CITY: MT. OLIVE STATE: NJ ZIP: 07828 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Vislink Technologies, Inc. CENTRAL INDEX KEY: 0001565228 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 205856795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 350 CLARK DRIVE STREET 2: SUITE 125 CITY: MT. OLIVE STATE: NJ ZIP: 07828 BUSINESS PHONE: 941 953 9035 MAIL ADDRESS: STREET 1: 350 CLARK DRIVE STREET 2: SUITE 125 CITY: MT. OLIVE STATE: NJ ZIP: 07828 FORMER COMPANY: FORMER CONFORMED NAME: xG TECHNOLOGY, INC. DATE OF NAME CHANGE: 20121220 4 1 ownership.xml X0508 4 2024-01-04 0 0001565228 Vislink Technologies, Inc. VISL 0002006564 DeSalvo Christopher Kent C/O VISLINK TECHNOLOGIES, INC. 350 CLARK DRIVE, SUITE 125 MT. OLIVE NJ 07828 0 1 0 0 CFO & Operations VP 0 Common Stock 2024-01-04 4 A 0 60664 0 A 60664 D Pursuant to the Restricted Stock Award Agreement by and between the Issuer and the Reporting Person, dated as of January 4, 2024, 50% of the inducement RSUs are time-based and will vest as to one-third of such time-based RSUs on each anniversary date over a period of three years. The balance of the inducement RSUs are performance-based. The performance-based RSUs will vest in three equal tranches of shares upon the Company's attainment of specified performance metrics to be set by the Board of the Directors of the Company or Compensation Committee thereof by March 31, 2024, subject in each case to Mr. DeSalvo's continued employment by the Company on the applicable vesting date. These RSUs were granted outside of the Issuer's existing equity compensation plans as an inducement material to the Reporting Person's becoming an employee of the Issuer, in accordance with Nasdaq Listing Rule 5635(c)(4). /s/ Ira Kotel, attorney-in-fact 2024-01-04