Paul Voigt - 24 Apr 2024 Form 4/A Insider Report for INNOVATE Corp. (VATE)

Role
Interim CEO
Signature
/s/ Paul Voigt
Issuer symbol
VATE
Transactions as of
24 Apr 2024
Net transactions value
+$270,117
Form type
4/A
Filing time
12 Jun 2024, 16:18:05 UTC
Date Of Original Report
25 Apr 2024
Previous filing
27 Jul 2023
Next filing
12 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VATE Common Stock Options Exercise $258,391 +369,130 +29% $0.7000 1,660,698 24 Apr 2024 Direct F1
transaction VATE Common Stock Options Exercise $11,726 +16,751 +29% $0.7000 75,362 24 Apr 2024 Jessie Holdings LLC F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VATE Subscription Rights (right to buy) Options Exercise $0 -1,291,568 -100% $0.000000* 0 24 Apr 2024 Common Stock 369,130 $0.7000 Direct F1
transaction VATE Subscription Rights (right to buy) Options Exercise $0 -58,611 -100% $0.000000* 0 24 Apr 2024 Common Stock 16,751 $0.7000 Jessie Holdings LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were directly acquired by the reporting person as a result of the exercise of subscription rights which were issued to the reporting person in the Issuer's rights offering.
F2 These shares were erroneously not reported on the Original Form 4.
F3 Reporting Person is the Manager of Jessie Holdings LLC and has sole voting and investment control.