Debra L. Smith - 31 Dec 2021 Form 4 Insider Report for CERBERUS CYBER SENTINEL CORP (CISO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
30 Mar 2023, 16:10:28 UTC
Prior SEC filing
30 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Debra L. Smith

Key filing fact

Debra L. Smith filed Form 4 for CERBERUS CYBER SENTINEL CORP (CISO) on 30 Mar 2023.

Key facts

  • This page summarizes Debra L. Smith's Form 4 filing for CERBERUS CYBER SENTINEL CORP (CISO).
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 30 Mar 2023, 16:10.

Change

  • Previous filing in this sequence was filed on 30 Mar 2023.
  • Current net transaction value: $0.

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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CISO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+5,000
Change %
Price
$0.000000
Shares after
5,000
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.00001
Underlying amount
5,000
Exercise price
$5.00
Footnotes
F1
CISO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+500,000
Change %
Price
$0.000000
Shares after
500,000
Date
14 Jan 2022
Ownership
Direct
Underlying class
Common Stock, par value $0.00001
Underlying amount
500,000
Exercise price
$2.00
Footnotes
F2
CISO transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-500,000
Change %
-50%
Price
Shares after
500,000
Date
22 Aug 2022
Ownership
Direct
Underlying class
Common Stock, par value $0.00001
Underlying amount
500,000
Exercise price
$2.00
Footnotes
F2, F3
CISO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+500,000
Change %
Price
Shares after
500,000
Date
22 Aug 2022
Ownership
Direct
Underlying class
Common Stock, par value $0.00001
Underlying amount
500,000
Exercise price
$3.02
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On December 31, 2021, the Reporting Person was granted stock options exercisable for 5,000 shares of common stock (the "2021 Options"). The 2021 Options will vest with respect to 25% of the underlying shares on December 31, 2022, and thereafter at a rate of 1/36 per month.

Footnote F2

On January 14, 2022, the Reporting Person was granted stock options exercisable for 500,000 shares of common stock (the "2022 Options"). The 2022 Options will vest with respect to 30% of the underlying shares on January 31, 2023, and thereafter at a rate of 1/24 per month.

Footnote F3

The transactions reported herein reflect a repricing of the 2022 Options effective on August 22, 2022, resulting in the cancellation of the 2022 Options and the grant of replacement options. The exercise price of the 2022 Options was increased from $2.00 to $3.02 per share. All of the other terms of the 2022 Options remain the same, including without limitation, the number of shares underlying the 2022 Options, the vesting period of the 2022 Options, and the expiration date of the 2022 Options.

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