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

Signature
/s/ John Audibert
Stock symbol
SWAG
Transactions as of
Feb 15, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 04:15 PM
Previous filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWAG Common Stock Award $0 +2.34K +2.27% $0.00 106K Feb 15, 2024 Direct F1
transaction SWAG Common Stock Award $0 +2.66K +2.52% $0.00 108K Feb 15, 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 +7.5K $0.00 7.5K Feb 15, 2024 Common Stock 7.5K $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.