Deborah K. MacConnel - Dec 23, 2024 Form 4 Insider Report for SideChannel, Inc. (SDCH)

Role
Director
Signature
/s/ Deborah K. MacConnel
Stock symbol
SDCH
Transactions as of
Dec 23, 2024
Transactions value $
$198,000
Form type
4
Date filed
12/26/2024, 04:30 PM
Previous filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDCH Restricted Stock Unit Award $198K +1.1M +3299.93% $0.18 1.13M Dec 23, 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 -1.1M -100% $0.00 0 Dec 23, 2024 Common Stock 1.1M $0.00 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F2 The Stock Options were terminated and rescinded.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.