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