Patel Nirav bought MHH
January 6, 2025 · Form 4 insider transaction
Patel Nirav bought 702,358 shares of Mastech Digital, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On January 6, 2025, Mr. Patel received an award of a non-qualified stock option to purchase 702,358 shares of common stock of the Company. The option will vest as follows: (i) 87,795 shares will vest on January 6, 2026; (ii) 87,795 shares will vest on January 6, 2027; (iii) 87,795 shares will vest on January 6, 2028; (iv) 87,794 shares will vest on January 6, 2029; (v) 175,589 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization (as defined in the stock option agreement executed by Mr. Patel with respect to the options) is greater than $300,000,000;; (Continued From Footnote 1) (vi) 87,795 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization is greater than $450,000,000; and (vii) 87,795 shares will vest on the first date during Mr. Patel's term of employment that the Company's Quarterly Average Market Capitalization is greater than $600,000,000.