Michael Tessler - 02 May 2022 Form 4 Insider Report for American Virtual Cloud Technologies, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 02 May 2022
Net transaction value: -$32,988
SEC form: 4
Accepted by SEC: 11 Aug 2022, 16:09:02 UTC
Prior SEC filing: 27 Apr 2022
Next SEC filing: 15 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Jason Simon, Attorney-in-Fact

Key filing fact

Michael Tessler filed Form 4 for American Virtual Cloud Technologies, Inc. on 11 Aug 2022.

Key facts

This page summarizes Michael Tessler's Form 4 filing for American Virtual Cloud Technologies, Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 11 Aug 2022, 16:09.

Change

Previous filing in this sequence was filed on 27 Apr 2022.
Current net transaction value: -$32,988.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVCT transaction

Common Stock

Sale

Transaction value: $25,425
Shares: -41,667
Change %: -4.2%
Price: $0.6102^*
Shares after: 958,333
Date: 02 May 2022
Ownership: Direct
Footnotes: F1

AVCT transaction

Common Stock

Sale

Transaction value: $7,563
Shares: -41,667
Change %: -4.3%
Price: $0.1815^*
Shares after: 916,666
Date: 02 Aug 2022
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.59 to $0.64 per share. 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 by him at each separate price on May 2, 2022. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 31, 2022.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.18 to $0.19 per share. 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 by him at each separate price on August 2, 2022. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 31, 2022.