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Luna Innovations Incorporated director was just granted 14,402 restricted shares

Richard Roedel, a director of Luna Innovations Incorporated, just received 14,402 restricted shares from the company. The restricted shares don't become available to Roedel until such time as they become vested. Roedel now owns at least 254,307 restricted shares of the company.

Some additional info was provided as follows:

Stock units are convertible into issuer's common stock on a 1-for-1 basis. This grant was made pursuant to the issuer's non-employe director compensation policy, as compensation for Mr. Roedel's service as chairman of the board of directors for the period from October 1, 2015 to December 31, 2015. The number of restricted stock units awarded...