Key facts
- This page summarizes Michael Tessler's Form 4 filing for American Virtual Cloud Technologies, Inc..
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 27 Apr 2022, 16:05.
Michael Tessler - 25 Apr 2022 Form 4 Insider Report for American Virtual Cloud Technologies, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 25 Apr 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 27 Apr 2022, 16:05:37 UTC
- Prior SEC filing
- 10 Jan 2022
- Next SEC filing
- 11 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jason Simon, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Tessler filed Form 4 for American Virtual Cloud Technologies, Inc. on 27 Apr 2022.
Change
- Previous filing in this sequence was filed on 10 Jan 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AVCT
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -1,000,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2
AVCT
transaction
Common Stock
Award
- Transaction value
- Shares
- +467,289
- Change %
- Price
- Shares after
- 467,289
- Date
- 25 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents restricted stock units, each unit representing a contingent right to receive one share of the Issuer's common stock.
Footnote F2
The two reported transactions involve an amendment of an outstanding restricted stock unit award, resulting in the cancellation of the "old" restricted stock unit and the grant of a replacement restricted stock unit. The restricted stock unit was originally granted on January 6, 2022 and provided for vesting in equal quarterly installments over a three-year period commencing on May 1, 2022 (previously inadvertently reported as commencing on February 1, 2022). The amended restricted stock unit vests with respect to 83,330 shares on each of May 1, 2022, August 1, 2022, November 1, 2022, February 1, 2023 and May 1, 2023, and with respect to the remaining 50,639 shares on August 1, 2023.