Ted Schlein - Dec 7, 2021 Form 4 Insider Report for IronNet, Inc. (IRNT)

Role
Director
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, 03:15 PM
Previous filing
Dec 3, 2021
Next filing
Jun 3, 2022

Transactions Table

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 6M Dec 7, 2021 By Funds F4
holding IRNT Common Stock 100K Dec 7, 2021 By Schlein Family Trust
* 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 Includes 5,853,150 shares of the Issuer's common stock held by KPCB Digital Growth Fund II, LLC ("KPCB DGF II") and 148,851 shares of the Issuer's common stock held by KPCB Digital Growth Founders Fund II, LLC ("DGF II Founders"). All such shares are held for convenience in the name of KPCB Holdings, Inc., as nominee, for the accounts of such individuals and entities. The managing member of KPCB DGF II and DGF II Founders is KPCB DGF II Associates, LLC ("DGF II Associates"). The Reporting Person, together with L. John Doerr and Mary Meeker, the managing members of DGF II Associates, exercise shared voting and dispositive control over the shares held by KPCB DGF II and DGF II Founders. The Reporting Person disclaims beneficial ownership of all shares held by KPCB DGF II except to the extent of his pecuniary interest therein and this report shall not be an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.