Robert Brooks Brown - 23 Dec 2024 Form 4 Insider Report for SideChannel, Inc. (SDCH)

Role
Director
Signature
/s/ Robert Brown
Issuer symbol
SDCH
Transactions as of
23 Dec 2024
Net transactions value
+$198,000
Form type
4
Filing time
26 Dec 2024, 16:30:20 UTC
Previous filing
20 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDCH Restricted Stock Unit Award $198,000 +1,100,000 $0.1800 1,100,000 23 Dec 2024 Direct F1

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) Disposed to Issuer $0 -1,100,000 -100% $0.000000 0 23 Dec 2024 Common Stock 1,100,000 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3 Year Vesting
F2 The Stock Options were terminated and rescinded.
F3 Pursuant to the original vesting schedule, the option would have become 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.