| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHPW | Common Stock | Award | $0 | +880,000 | $0.000000 | 880,000 | 07 Nov 2022 | Direct | F1, F2 | |
| holding | SHPW | Common Stock | 653,123 | 07 Nov 2022 | By LLC | F3 |
| Id | Content |
|---|---|
| F1 | The Reporting Person was granted restricted stock units ("RSUs") which represent an inducement grant under the Company's 2022 New Employee Equity Incentive Plan. The RSUs represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which provides that 25% of the RSUs will vest on the first anniversary of October 1, 2022 (the "Vesting Commencement Date") and an additional 6.25% of the RSUs will vest on each three-month anniversary of the Vesting Commencement Date occurring thereafter, subject to the Reporting Person's continuous service with the Issuer through each date. |
| F2 | The total amount of securities beneficially owned reported in this column 5 reflects the forfeiture of 31,250 RSUs previously awarded in connection with the Reporting Person's service as a member of the Issuer's Board of Directors and reported on Form 4 filed on June 10, 2022. |
| F3 | The Reporting Person may be deemed to have voting and dispositive power over the securities held by Ampla Capital, LLC, and as such, may be deemed to have beneficial ownership of the securities held directly by Ampla Capital, LLC. |