Key facts
- This page summarizes Brian Chen's Form 4 filing for FOXO TECHNOLOGIES INC. (FOXO).
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 16 Sep 2022, 21:36.
Brian Chen - 15 Sep 2022 Form 4 Insider Report for FOXO TECHNOLOGIES INC. (FOXO)
- Reporting relationship
- Chief Science Officer
- Issuer ticker
- FOXO
- Reported as of
- 15 Sep 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ Brian Chen
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Brian Chen filed Form 4 for FOXO TECHNOLOGIES INC. (FOXO) on 16 Sep 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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.
FOXO
transaction
Common Stock
Award
- Transaction value
- Shares
- +760,000
- Change %
- Price
- Shares after
- 760,000
- Date
- 15 Sep 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FOXO
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +672,264
- Change %
- Price
- $0.000000
- Shares after
- 672,264
- Date
- 15 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 672,264
- Exercise price
- $6.51
- Footnotes
- F2
FOXO
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +4,480
- Change %
- Price
- $0.000000
- Shares after
- 4,480
- Date
- 15 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,480
- Exercise price
- $6.51
- Footnotes
- F3
FOXO
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +2
- Change %
- Price
- $0.000000
- Shares after
- 2
- Date
- 15 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2
- Exercise price
- $15.76
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
In connection with the Merger (as defined below), the reporting person received a restricted share award equal to 760,000 shares of Class A common stock of the Issuer pursuant to the terms and conditions of the FOXO Technologies Inc. Management Contingent Share Plan (the "MIP"). The restricted share award is subject to the following three service-based vesting conditions (i) 60% of the award will become vested on the 3rd anniversary of the Closing Date (as defined below) if the reporting person is still employed by the Issuer on such date, (ii) ) 20% of the award will become vested on the 4th anniversary of the Closing Date if the reporting person is still employed by the Issuer on such date, and (iii) the final 20% of the award will become vested on the 5th anniversary of the Closing Date if the reporting person is still employed by the Issuer on such date. In addition, 1/3 of the restricted share award will become vested upon the satisfaction of certain performance-based conditions as further described in the MIP.
Footnote F2
The stock option was received in exchange for a stock option to purchase 1,157,405 shares of Class A common stock of FOXO Technologies Operating Company ("FOXO") in connection with the merger of FOXO with and into a wholly owned subsidiary of the Issuer (the "Merger"), which closed on 9/15/2022 (the "Closing Date"). As of the Closing Date, 667,085.48 of the shares of Class A common stock of the Issuer subject to the stock options were vested, and, thereafter, the remaining number of shares subject to the stock options shall vest in equal monthly installments until fully vested on 12/31/2023.
Footnote F3
The stock option was received in exchange for a stock option to purchase 7,713 shares of Class A common stock of FOXO in connection with the Merger. As of the Closing Date, 1,617.78 of the shares of Class A common stock of the Issuer subject to the stock optionss were vested, and, thereafter, the remaining number of shares subject to the stock options shall vest in equal monthly installments until fully vested on 8/9/2024.
Footnote F4
The stock option was received in exchange for a stock option to purchase 5 shares of Class A common stock of FOXO in connection with the Merger. As of the Closing Date, 0.39 of the shares of Class A common stock of the Issuer subject to the stock options were vested, and, thereafter, the remaining number of shares subject to the stock options shall vest in equal monthly installments until fully vested on 1/27/2025.