| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRNT | Common Stock | Sale | -$533K | -128K | -19.36% | $4.15* | 535K | Mar 8, 2022 | Direct | F1, F2 |
| transaction | IRNT | Common Stock | Award | $0 | +500K | +93.49% | $0.00 | 1.03M | Mar 9, 2022 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 were effected to satisfy tax withholding obligations in connection with the settlement of restricted stock units as part of a "sell to cover" transaction and do not represent discretionary trades by the reporting person. |
| F2 | The common stock was sold by the reporting person in a series of open market transactions on the transaction date with a volume weighted average sale price of $4.15. The range of sales prices for the transactions reported was $4.15 to $4.30 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F3 | 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. |
| F4 | Of the shares underlying these restricted stock units, 25% of the shares will vest on February 1, 2023, with the remainder vesting in 36 monthly installments thereafter through February 1, 2026, subject to the reporting person's continuous service with the issuer as of the applicable vesting date. |