Patrick J. Reilly - 22 Jul 2024 Form 4 Insider Report for Angel Studios, Inc.

Role
Chief Financial Officer
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, 17:16:07 UTC
Previous filing
17 Jul 2024
Next filing
11 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 +4,609 +28% 20,868 22 Jul 2024 Class C Common Stock, par value $0.001 per share 4,609 $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 4,609 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.