Key facts
- This page summarizes Sean Foster's Form 4 filing for IronNet, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 14 Sep 2021, 17:59.
Sean Foster - 10 Sep 2021 Form 4 Insider Report for IronNet, Inc.
- Reporting relationship
- Chief Revenue Officer
- Issuer ticker
- N/A
- Reported as of
- 10 Sep 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Sep 2021, 17:59:05 UTC
- Prior SEC filing
- 30 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian Leaf, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Sean Foster filed Form 4 for IronNet, Inc. on 14 Sep 2021.
Change
- Previous filing in this sequence was filed on 30 Aug 2021.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IRNT
transaction
Common Stock
Award
- Transaction value
- Shares
- +8,535
- Change %
- +0.82%
- Price
- Shares after
- 1,052,219
- Date
- 10 Sep 2021
- Ownership
- Direct
- Footnotes
- F1, 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 Reporting Person became entitled to receive the reported shares pursuant to the Agreement and Plan of Reorganization and Merger, dated as of March 15, 2021, as amended by Amendment No. 1 to Agreement and Plan of Reorganization and Merger, dated as of August 6, 2021 (the "Merger Agreement"), by and among LGL Systems Acquisition Corp., LGL Systems Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of LGL, and IronNet Cybersecurity, Inc., a Delaware corporation (the "Business Combination"), as described in the Reporting Person's Form 4 filed with the Securities and Exchange Commission on August 30, 2021 (the "Prior Report").
Footnote F2
The Merger Agreement provided that the Reporting Person would receive additional shares of the Issuer's common stock, for no additional consideration, if the volume-weighted average closing sale price of one share of the Issuer's common stock was equal to or greater than $13.00 for any ten consecutive trading days occurring after the closing date of the Business Combination. The tenth consecutive trading day was September 10, 2021. Therefore, the Reporting Person's right to receive the reported shares became fixed and irrevocable as of that date in exchange for the same securities of IronNet Cybersecurity, Inc. surrendered at the time of the Business Combination as described in footnote (4) of the Prior Report.