| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRNT | Common Stock | Award | $0 | +24K | $0.00 | 24K | Dec 7, 2021 | Direct | F1, F2, F3 | |
| holding | IRNT | Common Stock | 6.79M | Dec 7, 2021 | By LLC | F4 |
| 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 | These shares are held by C5 Partners LLC (the "LLC"). The Reporting Person, together with Messrs. William Kilmer and James Coats, are the directors of C5 Investors General Partner Limited, who acts on behalf of C5 Investors LP, the sole manager of the LLC. C5 Capital Limited is the investment manager of C5 Investors LP and exercises voting, investment and dispositive rights with respect to the shares of stock held by the LLC. The Reporting Person is the CEO and a director of C5 Capital Limited together with William Kilmer and Linda Zecher. The Reporting Person disclaims beneficial ownership of the shared held by the LLC except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |