R. Rimmy Malhotra - 15 Jan 2025 Form 4 Insider Report for Genasys Inc. (GNSS)

Role
Director
Signature
/s/ Richard Danforth as attorney-in-fact for R. Rimmy Malhotra
Issuer symbol
GNSS
Transactions as of
15 Jan 2025
Net transactions value
$0
Form type
4
Filing time
16 Jan 2025, 16:05:18 UTC
Previous filing
22 Nov 2024
Next filing
18 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNSS Common Stock Award +5,000 +5% 104,118 15 Jan 2025 Direct F1
holding GNSS Common Stock 1,628,495 15 Jan 2025 See footnote F2
holding GNSS Common Stock 300 15 Jan 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 15, 2025, the issuer granted to the reporting person 5,000 restricted stock units (RSUs) that vest on March 14, 2025 as pro-rata grant pursuant to company's Director compensation policies. Each RSU represents a contingent right to receive one share of Genasys Inc. common stock and is eligible to be settled solely in shares of Genasys Inc. common stock.
F2 Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Fund, LLC.
F3 Represents shares directly owned by Nicoya Genasys-SPV LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Genasys-SPV LLC.