Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSG | Common Stock | Award | $0 | +6.24K | +8.78% | $0.00 | 77.4K | May 4, 2021 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Reflects restricted stock units ("RSUs") granted to James B. Avery, a member of the issuer's board of directors. Mr. Avery is obligated to transfer any shares issued pursuant to any equity awards made to him by the issuer, or the economic benefits thereof, to Tavistock Financial, LLC ("Tavistock Financial"). Tavistock Financial may be deemed the direct beneficial owner of the RSUs. |
F2 | The RSUs convert into common stock on a one-for-one basis, and vest on July 27, 2021. |
F3 | These securities are beneficially owned directly by Tavistock Financial which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of Braslyn Ltd, Golden Harbor Ltd. and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Tavistock Financial. |