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

Role
Interim CEO
Signature
/s/ Paul Voigt
Stock symbol
VATE
Transactions as of
Apr 24, 2024
Transactions value $
$270,117
Form type
4/A
Date filed
6/12/2024, 04:18 PM
Date Of Original Report
Apr 25, 2024
Previous filing
Jul 27, 2023
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VATE Common Stock Options Exercise $258K +369K +28.58% $0.70 1.66M Apr 24, 2024 Direct F1
transaction VATE Common Stock Options Exercise $11.7K +16.8K +28.58% $0.70 75.4K Apr 24, 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 -1.29M -100% $0.00* 0 Apr 24, 2024 Common Stock 369K $0.70 Direct F1
transaction VATE Subscription Rights (right to buy) Options Exercise $0 -58.6K -100% $0.00* 0 Apr 24, 2024 Common Stock 16.8K $0.70 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.