John Audibert - 15 Feb 2024 Form 4 Insider Report for Stran & Company, Inc. (SWAG)

Signature
/s/ John Audibert
Issuer symbol
SWAG
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 16:15:28 UTC
Previous filing
29 Jun 2023
Next filing
30 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWAG Common Stock Award $0 +2,339 +2.3% $0.000000 105,589 15 Feb 2024 Direct F1
transaction SWAG Common Stock Award $0 +2,661 +2.5% $0.000000 108,250 15 Feb 2024 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
transaction SWAG Employee Stock Option (right to buy) Award $0 +7,500 $0.000000 7,500 15 Feb 2024 Common Stock 7,500 $1.55 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 14, 2023, Josselin Capital Advisors, Inc. ("JCA"), of which the reporting person is the sole principal and stockholder, was granted 46,511 shares of common stock that are subject to vesting based on the issuer's attainment of certain performance conditions for the fiscal year ended December 31, 2023. On June 29, 2023, the shares were distributed by JCA to the reporting person and are now owned by the reporting person directly. On February 15, 2024, the Compensation Committee of the board of directors of the issuer determined that the performance conditions had been met for the vesting of 2,339 of these shares.