Christopher Craig White - 06 Apr 2023 Form 4 Insider Report for Tego Cyber, Inc. (TGCB)

Role
Director
Signature
/s/ Chris C. White
Issuer symbol
TGCB
Transactions as of
06 Apr 2023
Net transactions value
+$74,980
Form type
4
Filing time
13 Apr 2023, 13:22:54 UTC
Previous filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGCB Common Stock Other $74,980 +100,000 +93% $0.7498 208,000 06 Apr 2023 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 TGCB Employee Stock Option Other $0 -125,000 -100% $0.000000* 0 20 Mar 2023 Common Stock 125,000 $0.6500 Direct F1
transaction TGCB Performance Stock Unit Other $0 -400,000 -100% $0.000000* 0 20 Mar 2023 Common Stock 400,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person entered into a Separation and Release Agreement dated March 20, 2023, in connection with his departure as Chief Information Security Officer, pursuant to which Reporting Person acquired 100,000 restricted common stock shares on April 6, 2023 as consideration for the cancellation of 125,000 outstanding Employee Stock Options and 400,000 Performance Stock Units and forfeiture of all rights to exercise any vested portion thereof.