Danilo Cacciamatta - May 12, 2021 Form 3 Insider Report for iPower Inc. (IPW)

Role
Director
Signature
/s/ Danilo Cacciamatta
Stock symbol
IPW
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
3
Date filed
5/17/2021, 05:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IPW Restricted Stock Units (RSUs) 6K May 12, 2021 Direct F1
holding IPW Common Stock 20K May 12, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive one share of common stock upon settlement. The RSUs vest quarterly in substantially equal installments, subject to the reporting person's continued service on each vesting date, with the first vesting date to occur on the closing of the Issuer's IPO on or about May 14, 2021.
F2 The reporting person holds 7,000 shares (the "Shares") of the Issuer's Series A preferred stock, which Shares shall automatically convert into 20,000 shares of common stock upon completion of the Issuer's IPO.