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

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Andrew Shape
Stock symbol
SWAG
Transactions as of
Nov 12, 2021
Transactions value $
$0
Form type
4
Date filed
11/16/2021, 09:41 AM
Previous filing
Nov 8, 2021
Next filing
May 24, 2022

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 +324K $0.00 324K Nov 12, 2021 Common Stock 324K $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.