| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRNT | Common Stock | Award | $0 | +76.2K | +24.78% | $0.00 | 384K | Jul 14, 2022 | Direct | F1, F2, F3 |
| 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 | Includes 258,412 shares received in a non-reportable distribution from LGL Systems Acquisition Holding Company, LLC, of which the reporting person was a non-managing member, without payment of consideration. |