Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPRY | Common Stock | Other | -2.67M | -26.25% | 7.49M | Jun 4, 2024 | By The Pratik Shah Living Trust dated June 15, 2011 | F1, F2 | ||
transaction | SPRY | Common Stock | Gift | $0 | -1.33M | -17.79% | $0.00 | 6.16M | Jun 4, 2024 | By The Pratik Shah Living Trust dated June 15, 2011 | F2, F3 |
transaction | SPRY | Common Stock | Gift | $0 | +1.33M | $0.00 | 1.33M | Jun 4, 2024 | By Spouse of Pratik Shah, Ph.D. | F3 |
Id | Content |
---|---|
F1 | The Pratik Shah Living Trust dated June 15, 2011 transferred 1,332,900 shares to The Light Irrevocable Trust #1 (the "Light Trust"), of which an adult son of Pratik Shah, M.D. is a beneficiary, and 1,332,900 shares to The Star Irrevocable Trust #1 (the "Star Trust"), of which an adult son of Dr. Shah is a beneficiary. Dr. Shah is grantor of The Light Trust and the Star Trust and therefore has the ability to terminate each trust. Each transfer was made in exchange for trust assets of equal value under an asset substitution power authorized under the terms of each trust. |
F2 | Pratik Shah, Ph.D. is the trustee of The Pratik Shah Living Trust dated June 15, 2011. |
F3 | This transaction involved the reporting person's gift to his spouse. |