Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IRNT | Common Stock | Award | $0 | +24K | +160% | $0.00 | 39K | Dec 7, 2021 | Direct | F1, F2, F3, 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 | 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. |
Exhibit 24 -- Power of Attorney