Key facts
- This page summarizes Stephen Paradiso's Form 4 filing for Stran & Company, Inc. (SWAG).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 18 Apr 2023, 16:31.
Stephen Paradiso - 14 Apr 2023 Form 4 Insider Report for Stran & Company, Inc. (SWAG)
- Reporting relationship
- Chief of Staff
- Issuer ticker
- SWAG
- Reported as of
- 14 Apr 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 18 Apr 2023, 16:31:20 UTC
- Prior SEC filing
- 29 Dec 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stephen Paradiso
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stephen Paradiso filed Form 4 for Stran & Company, Inc. (SWAG) on 18 Apr 2023.
Change
- Previous filing in this sequence was filed on 29 Dec 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.
SWAG
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +12,500
- Change %
- +20%
- Price
- $0.000000
- Shares after
- 75,000
- Date
- 14 Apr 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SWAG
transaction
Derivative
Employee Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +12,500
- Change %
- +20%
- Price
- $0.000000
- Shares after
- 75,000
- Date
- 14 Apr 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,500
- Exercise price
- $4.72
- 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
On December 6, 2021, the reporting person was granted 62,500 shares of restricted common stock subject to vesting conditions. One-eighth of the 62,500 shares of restricted stock vests at the end of every full quarter following their grant effective as of December 6, 2021 that the reporting person is employed by the issuer.
Footnote F2
On December 6, 2021, the reporting person was granted an option to purchase 125,000 shares for $4.72 per share. The option vests and becomes exercisable as to one-eighth of 62,500 of the shares of common stock under the option at the end of each full quarter following December 6, 2021, subject to a separate restriction on transfer which lapsed on June 30, 2022. The stock option vests and becomes exercisable as to 40,000 shares subject to the issuer's attainment of certain respective performance-based conditions. The stock option vests and becomes exercisable as to 22,500 shares subject to the reporting person's satisfaction of certain respective service-based conditions. On April 14, 2023, the Compensation Committee of the issuer determined that the performance-based conditions under the option had been met for the vesting of the option as to 10,000 shares, and that the service-based conditions under the option had been met for the vesting of the option as to 2,500 shares.