Joel Krutz - Sep 23, 2022 Form 4 Insider Report for Crown Electrokinetics Corp. (CRKN)

Role
Chief Financial Officer
Signature
/s/ Joel Krutz
Stock symbol
CRKN
Transactions as of
Sep 23, 2022
Transactions value $
$0
Form type
4
Date filed
3/31/2023, 04:10 PM
Previous filing
Dec 17, 2021
Next filing
Mar 28, 2024

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 CRKN Restricted Stock Units Award $0 +100K +100% $0.00 200K Sep 23, 2022 Common Stock 100K Direct F1, F2, F3
transaction CRKN Options to Purchase Common Stock Award $0 +100K $0.00 100K Sep 23, 2022 Common Stock 100K $0.34 Direct F2, F3
* 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 Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.
F3 Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 2,778 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.