Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INVU | Common Stock, $0.001 par value | Disposed to Issuer | $0 | -30M | -74.4% | $0.00 | 10.3M | Jun 24, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INVU | Employee Stock Option | Award | $0 | +37.5M | $0.00 | 37.5M | Jun 24, 2022 | Common Stock | 37.5M | $0.05 | Direct | F2 | |
transaction | INVU | Employee Stock Option | Award | $0 | +75M | +200% | $0.00 | 113M | Jun 24, 2022 | Common Stock | 75M | $0.05 | Direct | F3 |
Id | Content |
---|---|
F1 | Disposition to the issuer of restricted stock under Rule 16b-3(e) in exchange for option granted 6/24/2022. See note (2). |
F2 | Acquisition from the issuer of option under Rule 16b-3(d) in exchange for restricted stock. Option issued in consideration for Mr. Bell's services as a director of the Company and pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 18,750,000 shares of common stock will vest on November 9, 2022; 18,750,000 shares of common stock will vest on November 9, 2023. |
F3 | Acquisition from the issuer of option under Rule 16b-3(d), pursuant to Mr. Bell's employment agreement and in consideration for his services as an executive officer. Option issued pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 15,000,000 shares of common stock vest on February 21, 2023; 15,000,000 shares of common stock vest on February 21, 2024; 15,000,000 shares of common stock vest on February 21, 2025; 15,000,000 shares of common stock vest on February 21, 2026; 15,000,000 shares of common stock vest on February 21, 2027. |