Joseph Anthony Ferraro - 16 Mar 2022 Form 4 Insider Report for INNOVATE Corp. (VATE)

Role: Chief Legal Officer & Corp Sec
Signature: /s/ Joseph A. Ferraro
Issuer symbol: VATE
Transactions as of: 16 Mar 2022
Net transactions value: -$30,811
Form type: 4
Filing time: 18 Mar 2022, 16:17:49 UTC
Previous filing: 15 Mar 2022
Next filing: 21 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VATE	Common Stock	Sale	$30,811	-8,626	-2.5%	$3.57	343,306	16 Mar 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold to satisfy taxes payable in connection with the vesting of previously awarded restricted stock.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.48 to $3.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

Shares sold to satisfy taxes payable in connection with the vesting of previously awarded restricted stock.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.48 to $3.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.