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 | -5.2M | -100% | $0.00* | 0 | 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 | +8.13M | $0.00 | 8.13M | Jun 24, 2022 | Common Stock | 8.13M | $0.05 | Direct | F2 | |
transaction | INVU | Employee Stock Option | Award | $0 | +29.4M | $0.00 | 29.4M | Jun 24, 2022 | Common Stock | 29.4M | $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, pursuant to Mr. Valvano's employment agreement. Option issued pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 1,625,000 shares of common stock vest on date of grant; 1,625,000 shares of common stock vest on May 31, 2023; 1,625,000 shares of common stock vest on May 31, 2024; 1,625,000 shares of common stock vest on May 31, 2025; 1,625,000 shares of common stock vest on May 31, 2026. |
F3 | Acquisition from the issuer of option under Rule 16b-3(d) pursuant to Mr. Valvano's employment agreement. Option issued pursuant to Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 5,875,000 shares of common stock vest on February 21, 2023; 5,875,000 shares of common stock vest on February 21, 2024; 5,875,000 shares of common stock vest on February 21, 2025; 5,875,000 shares of common stock vest on February 21, 2026; 5,875,000 shares of common stock vest on February 21, 2027. |