0001415889-23-009365.txt : 20230607
0001415889-23-009365.hdr.sgml : 20230607
20230607161526
ACCESSION NUMBER: 0001415889-23-009365
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230606
FILED AS OF DATE: 20230607
DATE AS OF CHANGE: 20230607
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Olivier Prache
CENTRAL INDEX KEY: 0001520598
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15751
FILM NUMBER: 23999143
MAIL ADDRESS:
STREET 1: 213 MANVILLE ROAD
CITY: PLEASANTVILLE
STATE: NY
ZIP: 10570
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EMAGIN CORP
CENTRAL INDEX KEY: 0001046995
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 561764501
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 700 SOUTH DRIVE
STREET 2: SUITE 201
CITY: HOPEWELL JUNCTION
STATE: NY
ZIP: 12533
BUSINESS PHONE: 845-838-7900
MAIL ADDRESS:
STREET 1: 700 SOUTH DRIVE
STREET 2: SUITE 201
CITY: HOPEWELL JUNCTION
STATE: NY
ZIP: 12533
FORMER COMPANY:
FORMER CONFORMED NAME: FASHION DYNAMICS CORP
DATE OF NAME CHANGE: 19980805
4
1
form4-06072023_040608.xml
X0407
4
2023-06-06
0001046995
EMAGIN CORP
EMAN
0001520598
Olivier Prache
700 SOUTH DRIVE
SUITE 201
HOPEWELL JUNCTION
NY
12533
false
true
false
false
SVP
0
Common Stock
2023-06-06
4
M
0
13040
0
A
16823
D
Common Stock
2023-06-06
4
F
0
5394
1.99
D
11429
D
Restricted Stock Units
2023-06-06
4
M
0
13040
0
D
Common Stock
13040
13042
D
The Reporting Person received 13,040 Restricted Stock Units that represent a contingent right to receive one share of Common Stock upon the satisfaction of applicable vesting conditions. Half of the shares were issued pursuant to the satisfaction of service-based vesting conditions and half were issued pursuant to the satisfaction of performance conditions.
The transaction reported represents shares of Common Stock required to be surrendered by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These surrendered shares are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations and do not represent discretionary trades by the Reporting Person.
Represents the market price of common stock that was used to determine the value of the shares surrendered in satisfaction of withholding tax obligations.
Represents the settlement of vested RSUs. The Reporting Person was previously granted 39,124 RSUs that represent a contingent right to receive one share of Common Stock for each RSU. Half, or 19,562 of the previously granted RSUs are performance-based and vest over a three-year period subject to the achievement of certain performance conditions. The remaining RSUs are subject to a three-year service-based vesting requirement, vesting in equal installments over the three years. 6,520 of the service-based RSUs vested on June 6, 2023, and the remaining RSUs will vest in equal installments over the remaining 1 year, subject to the Reporting Person's continuous service with the issuer. In addition 6,520 of the performance-based RSU's vested upon satisfaction of applicable performance conditions.
/s/ Mark A. Koch, Attorney-in-Fact
2023-06-07