Sugantharaman Kannan bought MHH
April 14, 2025 · Form 4 insider transaction
Sugantharaman Kannan bought 150,000 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 359 days after the transaction.
Footnotes
On April 14, 2025, Mr. Sugantharaman received an award of a non-qualified stock options to purchase 150,000 shares of common stock of the Company. The options will vest as follows: (i) 18,750 shares will vest on April 14, 2026; (ii) 18,750 shares will vest on April 14, 2027; (iii) 18,750 shares will vest on April 14, 2028; (iv) 18,750 shares will vest on April 14, 2029; (v) 37,500 shares will vest on the first date during Mr. Sugantharaman's term of employment that the Company's Quarterly Average Market Capitalization (as defined in the stock option agreement executed by Mr. Sugantharaman with respect to the options) is greater than $300,000,000; (vi) 18,750 shares will vest on the first date during Mr. Sugantharaman's term of employment that the Company's Quarterly Average Market Capitalization is greater than $450,000,000; and; (Continued from footnote 1) (vii) 18,750 shares will vest on the first date during Mr. Sugantharaman's term of employment that the Company's Quarterly Average Market Capitalization is greater than $600,000,000.