Hanxi Li - 19 Apr 2023 Form 4 Insider Report for iPower Inc. (IPW)

Role
Director
Signature
/s/ Hanxi Li
Issuer symbol
IPW
Transactions as of
19 Apr 2023
Net transactions value
$0
Form type
4
Filing time
26 Apr 2023, 20:15:05 UTC
Previous filing
03 Feb 2022
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPW COMMON STOCK Award $0 +51,724 +391% $0.000000 64,940 19 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received $30,000 restricted stock units ("RSU"), under the Issuer's 2020 Equity Incentive Plan. Each RSU represents the right to receive one share of IPW common stock, par value $0.001 per share.
F2 Consists of 13,216 shares of common stock and 51,724 RSUs received following the Reporting Person's appointment to the Issuer's board of directors, which RSUs vest in substantially equal quarterly installments over a one year period commencing April 19, 2023.