Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ICCT | Stock Option | Award | $0 | +75.4K | $0.00 | 75.4K | Oct 20, 2023 | Common Stock | 75.4K | $3.71 | Direct | F1 | |
transaction | ICCT | Stock Option | Award | $0 | +152K | $0.00 | 152K | May 31, 2024 | Common Stock | 152K | $1.46 | Direct | F2 | |
transaction | ICCT | Stock Option | Award | $0 | +352K | $0.00 | 352K | May 31, 2024 | Common Stock | 352K | $3.10 | Direct | F3 | |
transaction | ICCT | Series A Preferred Stock | Award | $0 | +4.18K | +11.38% | $0.00 | 40.9K | Aug 25, 2024 | Common Stock | 20.9K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | The stock option vests and becomes fully exercisable on December 16, 2024. |
F2 | The stock option vests and becomes exercisable annually, in equal installments, over a 3 year period. |
F3 | The stock option is fully vested and exercisable. |
F4 | Each share of Series A Preferred Stock is convertible, at the option of the holder thereof, at any time, and without the payment of additional consideration by the holder thereof, into shares of Common Stock. |
F5 | Each share of Series A Preferred Stock is convertible into shares of Common Stock as is determined by dividing the Original Issue Price of $10.00 by the Conversion Price in effect at the time of conversion. The amount set forth in the table is based on an assumed Conversion Price of $10.00 per share, which is the current Conversion Price. The Conversion Price will be reset to the lesser of $10.00 or 20% above the simple average of the volume weighted average price on the 20 trading days following 12 months after August 25, 2023; provided further that such Conversion Price shall be no greater than $10.00 and no less than $2.00 (such amounts subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization). |