Jeffrey Harmon - 10 Sep 2024 Form 4 Insider Report for Angel Studios, Inc.

Signature
/s/ Patrick J. Reilly, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
10 Sep 2024
Net transactions value
$0
Form type
4
Filing time
12 Sep 2024, 16:55:05 UTC
Previous filing
24 Jul 2024
Next filing
30 Sep 2024

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 +36,031 +114% 67,641 10 Sep 2024 Class C Common Stock, par value $0.001 per share 36,031 $30.24 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 36,031 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.