MARY E. GALLAGHER - 07 Dec 2021 Form 4 Insider Report for IronNet, Inc. (IRNT)

Role
Director
Signature
/s/ Brian F. Leaf, attorney-in-fact
Issuer symbol
IRNT
Transactions as of
07 Dec 2021
Net transactions value
$0
Form type
4
Filing time
09 Dec 2021, 15:22:05 UTC
Previous filing
28 Sep 2021
Next filing
14 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRNT Common Stock Award $0 +24,000 +160% $0.000000 39,000 07 Dec 2021 Direct F1, F2, F3, F4
* 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 15,000 shares received in a non-reportable pro rata distribution from LGL Systems Acquisition Holding Company, LLC, of which the reporting person was a non-managing member.

Remarks:

Exhibit 24 -- Power of Attorney