Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MITQ | Common Stock | Award | $11K | +10K | $1.10 | 10K | May 26, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MITQ | Employee Stock Options (right to buy) | Disposed to Issuer | $0 | -50K | -100% | $0.00* | 0 | May 26, 2023 | Common Stock | 0 | $3.00 | Direct | F2, F3 |
transaction | MITQ | Employee Stock Options (right to buy) | Award | $0 | +50K | $0.00 | 50K | May 26, 2023 | Common Stock | 50K | $1.10 | Direct | F4 |
Id | Content |
---|---|
F1 | Shares of common stock granted pursuant to Issuer's 2019 Omnibus Incentive Stock Plan (the "Plan"). Such shares represent a portion of Reporting Person's compensation as a director of Issuer. |
F2 | On May 26, 2023, the board of directors of Issuer cancelled these employee stock options (right to buy) ("Options") and granted new Options to the Reporting Person. |
F3 | Options granted July 7, 2021 were initially exercisable on July 7, 2022. |
F4 | Options granted pursuant to the Plan. Such Options constitute a portion of Reporting Person's compensation as a director of issuer and were fully vested upon grant. |