Michael Tessler - Jun 13, 2022 Form 4 Insider Report for American Virtual Cloud Technologies, Inc. (AVCT)

Role
Director
Signature
/s/ Jason Simon, Attorney-in-Fact
Stock symbol
AVCT
Transactions as of
Jun 13, 2022
Transactions value $
$0
Form type
4
Date filed
6/15/2022, 04:05 PM
Previous filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVCT Common Stock Award $0 +533K +114% $0.00 1M Jun 13, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units, each unit representing a contingent right to receive one share of the Issuer's common stock.
F2 The restricted stock units granted on June 13, 2022 vest with respect to 32,691 shares on August 1, 2023, 83,330 shares on each of November 1, 2023, February 1, 2024, May 1, 2024, August 1, 2024 and November 1, 2024, and with respect to the remaining 83,370 shares on February 1, 2025.
F3 Represents restricted stock units. See Footnote 2 regarding the restricted stock units granted on June 13, 2022, and the Form 4 filed by the Reporting Person on April 27, 2022 regarding restricted stock units granted on April 25, 2022.