Donald R. Dixon - Jul 14, 2022 Form 4 Insider Report for IronNet, Inc. (IRNT)

Role
Director, 10%+ Owner
Signature
/s/ Brian F. Leaf, attorney-in-fact
Stock symbol
IRNT
Transactions as of
Jul 14, 2022
Transactions value $
$0
Form type
4
Date filed
7/14/2022, 04:26 PM
Previous filing
Dec 9, 2021
Next filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRNT Common Stock Award $0 +76.2K +28.04% $0.00 348K Jul 14, 2022 Direct F1, F2
holding IRNT Common Stock 52.9K Jul 14, 2022 By ForgePoint Cyber Affilates Fund I, L.P. F3
holding IRNT Common Stock 2.28M Jul 14, 2022 By ForgePoint Cyber Co-Investors I, L.P. F3
holding IRNT Common Stock 759K Jul 14, 2022 By ForgePoint Cyber Co-Investors I-B, L.P. F3
holding IRNT Common Stock 1.99M Jul 14, 2022 By ForgePoint Cyber Co-Investors I-C, L.P. F3
holding IRNT Common Stock 270K Jul 14, 2022 By ForgePoint Cyber Co-Investors I-E, L.P. F3
holding IRNT Common Stock 4.75M Jul 14, 2022 By ForgePoint Cybersecurity Fund I, L.P. F3
holding IRNT Common Stock 100K Jul 14, 2022 By The Dixon Revocable Trust 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 This grant was made pursuant to the issuer's non-employee director compensation policy. As a continuing director following the issuer's annual meeting of stockholders held on July 14, 2022, the reporting person was awarded a number of restricted stock units equal to $180,000 divided by $2.363, the average closing price of the issuer's common stock for the 10 trading days preceding the date of the annual meeting. The shares underlying this restricted stock award will vest in full on the earlier of July 14, 2023 or the date of the next annual meeting of stockholders, in either case subject to the reporting person's continuous service with the issuer through such vesting date.
F3 The Reporting Person and Alberto Yepez are the managing members of ForgePoint Cybersecurity GP-1, LLC, which is the general partner of this entity, and exercise shared voting, investment and dispositive rights with respect to the shares of stock held by the entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4 The Reporting Person and his spouse are co-trustees of this trust.