Jeffrey Todd Harris - 16 Jun 2023 Form 4/A - Amendment Insider Report for SpringBig Holdings, Inc. (SBIG)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paul Sykes, as Attorney-in-Fact
Issuer symbol
SBIG
Transactions as of
16 Jun 2023
Net transactions value
+$116,360
Form type
4/A - Amendment
Filing time
06 Jul 2023, 18:54:50 UTC
Date Of Original Report
21 Jun 2023
Previous filing
02 Jun 2023
Next filing
28 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBIG Common Stock Options Exercise $116,360 +223,769 +31% $0.5200 952,272 16 Jun 2023 Direct F1
transaction SBIG Common Stock Award $0 +820,000 +86% $0.000000 1,772,272 28 Jun 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 16, 2023, the reporting person filed a Form 4 which inadvertently reported that he acquired 233,769 shares of common stock in connection with the exercise of stock options. In fact, as reported in this amendment, he acquired 223,769 shares of common stock in connection with the exercise of stock options.
F2 On June 28, 2023, the reporting person filed a Form 4 which inadvertently reported that the issuer granted him 25,000 shares of common stock in the form of restricted stock units and that following such grant, he directly held 977,272 shares of common stock. In fact, as reported in this amendment, the issuer granted the reporting person 820,000 shares of common stock in the form of restricted stock units and following such grant, he directly held 1,772,272 shares of common stock.
F3 These shares represent restricted stock units and will be settled in common stock upon vesting, which will occur one-third per year beginning on the first anniversary of the date of grant.