Nicholas William Hnatiw - 01 Mar 2024 Form 4 Insider Report for SideChannel, Inc. (SDCH)

Role
Director
Signature
/s/ Nicholas W. Hnatiw
Issuer symbol
SDCH
Transactions as of
01 Mar 2024
Net transactions value
+$30,234
Form type
4
Filing time
18 Mar 2024, 16:42:20 UTC
Previous filing
01 Mar 2024
Next filing
03 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDCH Restricted Stock Unit Award $37,500 +694,444 +87% $0.0540 1,490,743 01 Mar 2024 Direct F1
transaction SDCH Restricted Stock Unit Tax liability $7,266 -134,556 -11% $0.0540 1,101,853 01 Mar 2024 Direct F2
holding SDCH Common Stock 13,939,431 01 Mar 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3 Year Vesting
F2 On March 1, 2024, 388,890 RSUs vested. Following the vesting of such RSUs, 134,556 shares of Common Stock otherwise issuable pursuant to the vesting were withheld for the payment of taxes, resulting in the issuance of 254,334 shares of Common Stock to the reporting person.