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

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Andrew Shape
Issuer symbol
SWAG
Transactions as of
12 Nov 2021
Net transactions value
$0
Form type
4
Filing time
16 Nov 2021, 09:41:14 UTC
Previous filing
08 Nov 2021
Next filing
24 May 2022
SEC
View on sec.gov

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 +323,810 $0.000000 323,810 12 Nov 2021 Common Stock 323,810 $4.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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