Lawrence E. Mock - Oct 28, 2021 Form 4 Insider Report for American Virtual Cloud Technologies, Inc. (AVCT)

Role
Director
Signature
/s/ Lawrence E. Mock
Stock symbol
AVCT
Transactions as of
Oct 28, 2021
Transactions value $
$0
Form type
4
Date filed
11/1/2021, 06:35 PM
Previous filing
Oct 4, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVCT Common Stock Other -6M -22.03% 21.2M Oct 28, 2021 Please see footnotes F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 28, 2021, Stratos Management Systems Holdings, LLC ("Holdings") distributed 6,687,637 shares of the Issuer's common stock, par value $0.001 per share to certain of its members, including 688,640 shares to Nobadeer L.P. ("Nobadeer"). The Reporting Person is a manager of NCP General Partner II, LLC, which is the general partner of Navigation Capital Partners II, L.P., which controls Holdings. As a result, Mr. Mock may be deemed to indirectly beneficially own the securities held by Holdings. Mr. Mock disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The Reporting Person is the general partner of Nobadeer, and as a result, may be deemed to indirectly beneficially own the securities held by Nobadeer. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.