Jordan Harmon - 22 Jul 2024 Form 4 Insider Report for Angel Studios, Inc.

Role
President
Signature
/s/ Patrick J. Reilly, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
22 Jul 2024
Net transactions value
$0
Form type
4
Filing time
24 Jul 2024, 17:13:15 UTC
Previous filing
17 Jul 2024
Next filing
12 Sep 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
transaction Stock Options Award +5,273 +23% 28,197 22 Jul 2024 Class C Common Stock, par value $0.001 per share 5,273 $14.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options, granted under the Issuer's 2023 Performance Equity Plan, exercisable for 5,273 shares of the Issuer's Class C 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.