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

Role: Chief Executive Officer, Director
Signature: /s/ James F. O'Neil III
Issuer symbol: N/A
Transactions as of: 14 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 01 Feb 2023, 07:26:35 UTC
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		+200,784	+12%		1,817,562	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		+331,053	+43%		1,096,053	14 Jan 2023	Common Stock	331,053		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.