Deborah K. MacConnel - May 10, 2024 Form 4 Insider Report for SideChannel, Inc. (SDCH)

Role
Director
Signature
/s/ Deborah K. MacConnel
Stock symbol
SDCH
Transactions as of
May 10, 2024
Transactions value $
$0
Form type
4
Date filed
6/20/2024, 09:25 AM
Previous filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDCH Common Stock 256K May 10, 2024 Direct
holding SDCH Restricted Stock Unit 66.7K May 10, 2024 Direct

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 SDCH Stock Option (right to buy) Award $0 +1.1M $0.00 1.1M May 10, 2024 Common Stock 1.1M $0.06 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant, by the issuer's Board of Directors, of an option to purchase 1,100,000 shares of the issuer's common stock at an exercise price of $0.06 per share. The option vests, and becomes exercisable, with respect to 366,666 shares on March 1, 2025, and with respect to 366,667 shares on each of March 1, 2026 and March 1, 2027, respectively. The option expires on May 9, 2034.