Hanxi Li - 08 Aug 2024 Form 4 Insider Report for iPower Inc. (IPW)

Role
Director
Signature
/s/ Hanxi Li
Issuer symbol
IPW
Transactions as of
08 Aug 2024
Net transactions value
$0
Form type
4
Filing time
13 Aug 2024, 19:00:03 UTC
Previous filing
26 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPW COMMON STOCK Award $0 +23,809 +37% $0.000000 88,749 08 Aug 2024 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, which RSUs vest in four equal installments on each of 08/07/2024, 9/30/2024, 12/31/2024 and 03/31/2025. Each RSU represents the right to receive one share of IPW common stock, par value $0.001 per share.
F2 Consists of 70,892 shares of common stock and 17,857 RSUs, which remain subject to vesting.