THOMAS E. PEOPLES - 13 Apr 2022 Form 4 Insider Report for TECHNICAL COMMUNICATIONS CORP

Role
Director
Signature
/s/ Michael P. Malone, as attorney-in-fact for Thomas E. Peoples
Issuer symbol
TCCO on OTC
Transactions as of
13 Apr 2022
Net transactions value
$0
Form type
4
Filing time
15 Apr 2022, 16:18:58 UTC
SEC
View on sec.gov

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 TCCO Options to purchase common stock Award +7,000 7,000 13 Apr 2022 Common stock 7,000 $1.75 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest 20% per year on the anniversary of the date of grant.
F2 Options granted pursuant to the issuer's 2021 Equity Incentive Plan