James F. Oneil - 14 Jan 2023 Form 4 Insider Report for Orbital Infrastructure Group, Inc. (OIG)

Role
Chief Executive Officer, Director
Signature
/s/ James F. O'Neil III
Issuer symbol
OIG
Transactions as of
14 Jan 2023
Transactions value $
$0
Form type
4
Filing time
01 Feb 2023, 07:26:35
Previous filing
05 Jan 2023
Next filing
05 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OIG Common Stock Conversion of derivative security +201K +12.42% 1.82M 14 Jan 2023 Direct 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 OIG Restricted Stock Units Conversion of derivative security +331K +43.27% 1.1M 14 Jan 2023 Common Stock 331K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares convert from RSUs to common stock on a 1 for 1 basis.
F2 January 14 vesting date. RSU automatically converts to common stock - no expiration date.
F3 331,053 RSUs vested on January 14 and 130,269 shares were withheld for taxes.
F4 Shares were acquired upon the vesting of Restricted Stock Units.