Invicta Media Investments, LLC - Jun 9, 2021 Form 4 Insider Report for iMedia Brands, Inc. (IMBI)

Role
10%+ Owner
Signature
/s/ Eyal Lalo, Manager
Stock symbol
IMBI
Transactions as of
Jun 9, 2021
Transactions value $
$4,499,998
Form type
4
Date filed
6/11/2021, 07:34 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMBI Common Stock Award $4.5M +442K +31.79% $10.18* 1.83M Jun 9, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were granted to Invicta Media Investments, LLC in connection with a Confidential Vendor Exclusivity Agreement, dated June 9, 2021, between iMedia Brands, Inc. and Invicta Watch Company of America, Inc., the sole member of Invicta Media Investments, LLC. One-fifth of the RSUs will vest annually, beginning on June 9, 2021 and ending on June 9, 2025.