John Yozamp - Nov 16, 2023 Form 4/A - Amendment Insider Report for Expion360 Inc. (XPON)

Signature
/s/ Gregory Aydelott, Attorney-In-Fact for John Yozamp
Stock symbol
XPON
Transactions as of
Nov 16, 2023
Transactions value $
-$90,297
Form type
4/A - Amendment
Date filed
11/17/2023, 06:07 PM
Date Of Original Report
Nov 16, 2023
Previous filing
Aug 28, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPON Common Stock Sale -$90.3K -23K -1.33% $3.92 1.71M Nov 16, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects the weighted average price at which the shares of common stock were sold. The shares were sold in multiple transactions at prices ranging from $3.80 to $4.105, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The shares were sold pursuant to a Rule 10b5-1 trading plan.
F2 Reflects 1,523,252 shares of common stock and 185,375 shares of common stock issuable upon exercise of vested options issued to the Reporting Person under the Issuer's 2021 Incentive Award Plan.