Donald R. Dixon - Dec 7, 2021 Form 4 Insider Report for IronNet, Inc. (IRNT)

Signature
/s/ Brian F. Leaf, attorney-in-fact
Stock symbol
IRNT
Transactions as of
Dec 7, 2021
Transactions value $
$0
Form type
4
Date filed
12/9/2021, 03:05 PM
Previous filing
Sep 14, 2021
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRNT Common Stock Award $0 +24K +9.69% $0.00 272K Dec 7, 2021 Direct F1, F2, F3
holding IRNT Common Stock 52.9K Dec 7, 2021 By ForgePoint Cyber Affilates Fund I, L.P. F4
holding IRNT Common Stock 2.28M Dec 7, 2021 By ForgePoint Cyber Co-Investors I, L.P. F4
holding IRNT Common Stock 759K Dec 7, 2021 By ForgePoint Cyber Co-Investors I-B, L.P. F4
holding IRNT Common Stock 1.99M Dec 7, 2021 By ForgePoint Cyber Co-Investors I-C, L.P. F4
holding IRNT Common Stock 270K Dec 7, 2021 By ForgePoint Cyber Co-Investors I-E, L.P. F4
holding IRNT Common Stock 4.75M Dec 7, 2021 By ForgePoint Cybersecurity Fund I, L.P. F4
holding IRNT Common Stock 100K Dec 7, 2021 By The Dixon Revocable Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 On December 7, 2021, the issuer's compensation committee approved the grant of restricted stock units to each of the issuer's non-employee directors pursuant to the issuer's 2021 Equity Incentive Plan.
F3 Of the shares underlying this restricted stock unit award, one-third will vest on August 26 of each of 2022, 2023 and 2024, subject to the reporting person's continued service with the issuer as of the applicable date.
F4 The Reporting Person and Alberto Yepez are the managing members of ForgePoint Cybersecurity GP-1, LLC, which is the general partner of this entity, and exercise shared voting, investment and dispositive rights with respect to the shares of stock held by the entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F5 The Reporting Person and his spouse are co-trustees of this trust.