Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GUER | Common Stock | Purchase | $52K | +40K | $1.30 | 40K | Jan 20, 2023 | Direct | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GUER | Warrant | Purchase | +20K | 20K | Jan 20, 2023 | Common Stock | 20K | $2.00 | Direct | F4, F5 | |||
holding | GUER | Restricted Stock Unit | 25K | Jan 20, 2023 | Common Stock | 25K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit. |
F2 | The restricted stock units vest 100% on the earliest of (i) June 2, 2023, subject to the recipient's continued service as a Board member of the Company, (ii) the recipient's death, or (iii) the recipient's disability. |
F3 | No expiration date. |
F4 | The reporting person purchased 40,000 units (the "Units"), each Unit consisting of one (1) share of the Company's common stock and one (1) warrant to purchase one-half (0.5) of a share of Common Stock. The purchase price of each Unit was $1.30 per Unit. |
F5 | Each Warrant is exercisable for a period of five (5) years beginning six (6) months from the date of the final closing of the private placement. |