CHIANG RICHARD exercised options at TAITRON COMPONENTS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

CHIANG RICHARD

Filed: 2/7/2020ACC: 0000942126-20-000001

InsiderCHIANG RICHARDCIK 1279615

→

IssuerTAITRON COMPONENTS INCCIK 942126

Director

Since May 2019

0.00

Net shares

Net seller

$45.4K

Total acquired

Open market trades

0B · 0S

Total transactions

40K acquired · 40K disposed

Non-Derivative Transactions1

Class A common stock

Direct

M · Option Exercise

+40K

Price / share

$1.14

Trade value

$45.40K

% of position

29.7%

2/5/2020

134.69K→174.69K

Total

Net shares

+40K

Net value

$45.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A common stock Direct	2/5/2020	M · Option Exercise	+40K	$1.14	$45.40K	29.7%	134.69K	174.69K
Total			+40K		$45.40K

Derivative Transactions6

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

15K shares

−15K

Strike price

1.21

Held after

0.00

Exercisable

—

2/5/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

5K shares

−5K

Strike price

0.99

Held after

0.00

Exercisable

—

2/5/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

5K shares

−5K

Strike price

0.9

Held after

0.00

Exercisable

—

2/5/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

5K shares

−5K

Strike price

0.95

Held after

0.00

Exercisable

—

2/5/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

5K shares

−5K

Strike price

0.99

Held after

0.00

Exercisable

—

2/5/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A common stock

5K shares

−5K

Strike price

1.62

Held after

10K

Exercisable

—

2/5/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Option (right to buy) Direct	Class A common stock15K shares	2/5/2020	M · Option Exercise	−15K	1.21	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Class A common stock5K shares	2/5/2020	M · Option Exercise	−5K	0.99	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Class A common stock5K shares	2/5/2020	M · Option Exercise	−5K	0.9	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Class A common stock5K shares	2/5/2020	M · Option Exercise	−5K	0.95	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Class A common stock5K shares	2/5/2020	M · Option Exercise	−5K	0.99	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Class A common stock5K shares	2/5/2020	M · Option Exercise	−5K	1.62	—	10K