Randolph Birney - Nov 12, 2021 Form 4 Insider Report for Stran & Company, Inc. (SWAG)

Role
Executive Vice President
Signature
/s/ Rudolph Birney
Stock symbol
SWAG
Transactions as of
Nov 12, 2021
Transactions value $
$0
Form type
4
Date filed
11/16/2021, 09:34 AM
Previous filing
Nov 8, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWAG Employee Stock Option (Right to Buy) Award $0 +76.2K $0.00 76.2K Nov 12, 2021 Common Stock 76.2K $4.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vest over a four (4) year period with twenty-five percent (25%) of the options vesting on the first anniversary of the date of grant and the balance of the options (seventy-five percent (75%)) vest monthly over the following three (3) years after the first anniversary of the date of grant at a rate of 1/36 per month.