Jeff Clayborne - Dec 5, 2024 Form 4 Insider Report for Perfect Moment Ltd. (PMNT)

Signature
/s/ Jeff Clayborne
Stock symbol
PMNT
Transactions as of
Dec 5, 2024
Transactions value $
$0
Form type
4
Date filed
12/9/2024, 06:30 PM
Previous filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMNT Common Stock Award +300K +72115.38% 300K Dec 5, 2024 Direct F1, F2, F3
transaction PMNT Common Stock Award +107K +35.51% 407K Dec 5, 2024 Direct F1, F3, F4

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 PMNT Employee Stock Options (right to buy) Disposed to Issuer $0 -300K -100% $0.00 0 Dec 5, 2024 Common Stock 0 $4.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units ("RSUs"). The RSUs are common stock equivalents and represent a contingent right to receive common stock of Issuer upon vesting.
F2 RSUs vest 25% on December 5, 2024, and 25% thereafter on October 20th of 2025, 2026 and 2027.
F3 Not applicable.
F4 RSUs vest 25% on October 20th of 2025, 2026, 2027 and 2028.
F5 On December 5, 2024, the board of directors of Issuer cancelled such options.