Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | OCEL | Common Stock, $0.001 par value | 10M | Jul 21, 2022 | Direct | F1 | |||||
holding | OCEL | Common Stock, $0.001 par value | 24M | Jul 21, 2022 | Direct | F2 | |||||
holding | OCEL | Common Stock, $0.001 par value | 7M | Jul 21, 2022 | See Footnote | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | OCEL | Warrants to Purchase Common Stock | Jul 21, 2022 | Common Stock, par value $0.001 per share | 40M | $0.03 | Direct | F1 |
Id | Content |
---|---|
F1 | Represents shares of common stock and warrants to purchase common stock issued to the Reporting Person as a signing bonus in connection with his employment as the Issuer's Chief Operating Officer and Acting Chief Executive Officer. |
F2 | Represents shares of common stock issued to the Reporting Person as compensation during for his first year of employment. The shares vest in twelve monthly installments of 2,000,000 shares each, subject to continued employment. |
F3 | Represents shares of common stock held by Retrograde Investments, LLC, in which entity the Reporting Person is a minority holder and over which the Reporting Person has shared voting and dispositive power. |