Vern D. Kornelsen
Net Worth

Last updated:

What is Vern D. Kornelsen net worth?

The estimated net worth of Mr. Vern D. Kornelsen is at least $854,715 as of 11 Aug 2021. He owns shares worth $671,212 as insider, has earned $72,003 from insider trading and has received compensation worth at least $111,500 in Encision Inc. and Electronic Systems Technology, Inc..

What is the salary of Vern D. Kornelsen?

Mr. Vern D. Kornelsen salary is $5,000 per year as Co-Founder & Independent Director in Encision Inc.. He also receives $1,500 as Sec. & Director in Electronic Systems Technology, Inc..

How old is Vern D. Kornelsen?

Mr. Vern D. Kornelsen is 92 years old, born in 1933.

What stocks does Vern D. Kornelsen currently own?

As insider, Mr. Vern D. Kornelsen owns shares in one company:

Company Title Shares Price per share Total value
Encision Inc. (ECIA) Co-Founder & Independent Director 3,196,249 $0.21 $671,212

What does Encision Inc. do?

Encision Inc., a medical device company, designs, develops, manufactures, and markets patented surgical instruments in the United States. The company provides active electrode monitoring (AEM) surgical instruments and monitors that enhance patient safety and patient outcomes in laparoscopic surgical procedures. Its AEM instruments product line comprises a range of endo-mechanical instruments, including scissors, graspers, and dissectors, as well as fixed-tip electrodes and suction-irrigation electrodes. The company also offers various handles, which are used for advanced laparoscopic procedures that incorporate stiffer shafts and ergonomic features; and AEM EndoShield 2 burn protection systems, as well as markets AEM monitor product line that is used in conjunction with AEM instruments. The company sells its products through a network of direct and independent sales representatives. Encision Inc. was incorporated in 1991 and is based in Boulder, Colorado.

ECIA logo
ECIA
Encision Inc.
$0.21

Vern D. Kornelsen insider trading

Encision Inc.

Mr. Vern D. Kornelsen has made 9 insider trades between 2003-2021, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 875,000 units of ECIA stock on 19 Dec 2018. As of 11 Aug 2021 he still owns at least 3,196,249 units of ECIA stock.

Transaction Date Security Shares Price per share Total value Source
Option
Employee Stock Option (right to buy) 10,000 $0.31 $3,100
Option
Employee Stock Option (right to buy) 10,000 $0.31 $3,100
Purchase
Common Stock 875,000 $0.4 $350,000
Purchase
Encision common stock 20,000 $0.75 $15,020
Purchase
Encision common stock 103,908 $0.75 $77,931
Purchase
Encision common stock 6,574 $0.75 $4,931
Purchase
Encision common stock 1,000 $0.75 $750
Purchase
Encision common stock 31,250 $0.8 $25,000
Purchase
Common Stock Warrants (right to buy) 262,500 $1.2 $315,000
Purchase
Common Stock 525,000 $0.8 $420,000
Purchase
Common Stock 100,000 $1 $100,000
Purchase
Common Stock 26,000 $1 $26,000
Purchase
Common Stock 414,000 $1 $414,000
Purchase
Common Stock, No Par Value 414,000 $1 $414,000
Sale
Common 1,000 $3.6 $3,600
Sale
Common Stock 4,500 $3.5 $15,750
Sale
Common Stock 500 $3.5 $1,750
Sale
Common Stock 4,000 $3.41 $13,640
Sale
Common Stock 1,500 $3.95 $5,925
Sale
Common Stock 1,000 $3.97 $3,970
Sale
COMMON STOCK 2,000 $3.86 $7,720
Sale
COMMON STOCK 500 $3.68 $1,838
Sale
COMMON STOCK 5,000 $3.56 $17,810

Encision key executives

Encision Inc. executives and other stock owners filed with the SEC: