Jared Geesey - 29 Apr 2024 Form 3 Insider Report for Angel Studios, Inc.

Role
Chief Distribution Officer
Signature
/s/ Patrick J. Reilly, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
29 Apr 2024
Net transactions value
$0
Form type
3
Filing time
29 Apr 2024, 14:58:12 UTC
Next filing
24 Jul 2024
SEC
View on sec.gov

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
holding Stock Option 29 Apr 2024 Class F Common Stock 8,000 $8.90 Direct F1
holding Stock Option 29 Apr 2024 Class F Common Stock 10,000 $11.95 Direct F2
holding Stock Option 29 Apr 2024 Class F Common Stock 17,158 $11.95 Direct F3
holding Stock Option 29 Apr 2024 Class F Common Stock 2,500 $14.18 Direct F4
holding Stock Option 29 Apr 2024 Class F Common Stock 28,021 $14.18 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent stock options exercisable for shares of Class F Common Stock. Twenty-five percent (25%) of these options vested on November 2, 2022, with the remaining options vesting in equal monthly installments through November 2, 2025.
F2 Represent stock options exercisable for shares of Class F Common Stock. Twenty-five percent (25%) of these options vested vest on July 22, 2023, with the remaining options vesting in equal monthly installments through July 22, 2026.
F3 Represent fully-vested stock options exercisable for shares of Class F Common Stock.
F4 Represent stock options exercisable for shares of Class F Common Stock. One twenty-fourth (1/24th) of these options vested or will vest in equal monthly installments from May 20, 2023, through April 20, 2025.
F5 Represent stock options exercisable for shares of Class F Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney