| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRNT | Common Stock | Award | +4.44M | 4.44M | Aug 26, 2021 | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Received on August 26, 2021 pursuant to the Agreement and Plan of Reorganization and Merger, dated as of March 15, 2021, as amended by Amendment No. 1 to Agreement and Plan of Reorganization and Merger, dated as of August 6, 2021 (the "Merger Agreement"), by and among LGL Systems Acquisition Corp. ("LGL"), LGL Systems Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of LGL, and IronNet Cybersecurity, Inc., a Delaware corporation (the "Business Combination"). |
| F2 | The Reporting Person may also receive, as additional merger consideration, 37,772 shares of the Issuer's common stock if the volume weighted average share price of the Issuer's common stock equals or exceeds $13.00 for ten consecutive days during the two year period following the closing of the Business Combination. |
| F3 | Represents shares underlying restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The shares underlying the restricted stock units will vest monthly in accordance with the service-based conditions of the award, subject to the Reporting Person's continuous service as of such vesting date. |
| F4 | Received in the Business Combination in exchange for restricted stock units representing the right to acquire 5,452,200 shares of IronNet Cybersecurity, Inc. common stock. |