Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WISA | Common Stock | Award | $0 | +11K | +3273.81% | $0.00 | 11.3K | Jul 12, 2023 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | 11,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal installments, commencing on November 15, 2023 and every six (6) months thereafter until May 15, 2026, so long as the reporting person remains in the service of the issuer on each such date. |
F2 | On January 26, 2023, the issuer effected a 1-for-100 reverse stock split. The number of securities reported on this Form 4 have been adjusted to reflect the reverse stock split as the split pertained to the number of securities of the issuer that the reporting person held prior to the grant of the LTIP Shares. |