Daniel J. Machock - Sep 4, 2023 Form 4 Insider Report for Ispire Technology Inc. (ISPR)

Signature
/s/ Daniel J. Machock
Stock symbol
ISPR
Transactions as of
Sep 4, 2023
Transactions value $
$0
Form type
4
Date filed
9/6/2023, 08:21 PM
Previous filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISPR Restricted Stock Units Award +40K 40K Sep 4, 2023 Direct F1, F2

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 ISPR Common Stock Options (Right to buy) Award $0 +200K $0.00 200K Sep 4, 2023 Common Stock 200K $9.76 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant.
F2 Each restricted stock unit ("RSU") represents the right to receive one share of Common Stock upon vesting.
F3 Each option represents the right to purchase one share of Common Stock at the exercise price.
F4 Common Stock Options vest over four years as follows: 1/4 on the first anniversary of the date of grant with the remaining 3/4 vesting in equal installment of 2.083% each month thereafter.