Onex Evans - 22 Aug 2022 Form 3 Insider Report for American Virtual Cloud Technologies, Inc.

Role
Chief Accounting Officer
Signature
/s/ Jason Simon, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
22 Aug 2022
Net transactions value
$0
Form type
3
Filing time
30 Aug 2022, 21:00:53 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AVCT Common Stock 25,000 22 Aug 2022 Direct

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
holding AVCT Restricted Stock Units 22 Aug 2022 Common Stock 125,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The restricted stock units will vest over a four-year period, with fifty percent (50%) of such vesting to be time-based and fifty (50%) to be performance-based.

Remarks:

See Exhibit 24.1 - Power of Attorney