September 29, 2025 · Form 4 insider transaction
Salmasi Michael bought 75,000 shares of Veea Inc, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents options to purchase 75,000 shares of common stock of the issuer awarded to Mr. Salmasi under the issuer's 2024 Incentive Equity Plan (the "Plan") on September 29, 2025. The options will vest as follows: upon the occurrence of either (i) the issuer's stockholders' approval for the grant of the shares, or (ii) a sufficient number of shares becoming available under the Plan and a Form S-8 under which the shares under the Plan are registered has been filed with the Securities and Exchange Commission, options to purchase 18,750 shares (25%) will vest upon the issuer recognizing $3 million in gross revenue, and the options to purchase the remaining 56,250 shares (75%) will vest quarterly in equal installments over a three-year period following the initial vesting date.