John C. Klock Jr - Mar 4, 2024 Form 4 Insider Report for GigCapital5, Inc. (QTI)

Role
Chief Executive Officer, Director
Signature
/s/ John C. Klock, Jr.
Stock symbol
QTI
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 08:54 PM
Next filing
Jul 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QTI Common Stock Award +2.88M 2.88M Mar 4, 2024 By John C. Klock, Jr. and Cynthia L. Klock Trust Dated 7/27/07 F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 8,407,114 shares of QT Imaging, Inc. ("QT Imaging") in connection with the merger of QT Imaging into a subsidiary of QT Imaging Holdings, Inc. (the "Company") pursuant to the exchange ratio set forth in the business combination agreement between QT Imaging and the Company. The closing price of the Company's Common Stock on the effective date of the merger was $3.53.
F2 The Common Stock are held directly by John C. Klock, Jr. and Cynthia L. Klock Trust Dated 7/27/07 (the "Trust"). The Common Stock held by the Trust are beneficially owned jointly by Dr. John C. Klock, Jr., the Company's Chief Executive Officer and Director and Cynthia L. Klock, wife of Dr. John C. Klock, Jr., who jointly have sole voting and dispositive power over the shares held by the Trust.