Frederick Myrick Jr. - 03 Jan 2022 Form 4 Insider Report for ISUN, INC.

Role
Executive Vice President, Director
Signature
/s/ Frederick Myrick, Jr.
Issuer symbol
N/A
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
26 Jan 2022, 15:54:19 UTC
Next filing
27 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISUN COMMON STOCK Award $0 +18,666 +3% $0.000000 647,153 04 Jan 2022 Direct F1, F2
transaction ISUN COMMON STOCK Award $0 +4,167 +0.64% $0.000000 651,320 24 Jan 2022 Direct F2, F3

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 ISUN STOCK OPTION (Right to Buy) Award $0 +21,667 $0.000000 21,667 03 Jan 2022 COMMON STOCK 21,667 $1.49 Direct F4
transaction ISUN STOCK OPTION (Right to Buy) Award $0 +8,333 +38% $0.000000 30,000 24 Jan 2022 COMMON STOCK 8,333 $5.04 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 4, 2021, the reporting person was granted 56,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 4, 2021, January 3, 2022, and January 2, 2023.
F2 The reporting person serves as Trustee of the Mykilore Trust, dated April 24, 2019, which is the record owner of 651,320 shares of Common Stock following the transactions reported herein
F3 On January 24, 2022, the reporting person was granted 25,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 24, 2022, January 24, 2023, and January 24, 2024
F4 On January 3, 2021, the reporting person was granted the option for the right to buy 65,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 3, 2021, January 3, 2022, and January 2, 2023.
F5 On January 24, 2022, the reporting person was granted the option for the right to buy 25,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 24, 2022, January 24, 2023, and January 24, 2024.