Geoffrey Cook - 10 Oct 2023 Form 4 Insider Report for PALTALK, INC. (IPM)

Reporting relationship: Director
Issuer ticker: IPM
Reported as of: 10 Oct 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 12 Oct 2023, 16:16:08 UTC
Source filing: View source filing
Reporting owner signature: /s/ Geoffrey Cook

Key filing fact

Geoffrey Cook filed Form 4 for PALTALK, INC. (IPM) on 12 Oct 2023.

Key facts

This page summarizes Geoffrey Cook's Form 4 filing for PALTALK, INC. (IPM).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 12 Oct 2023, 16:16.

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

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.

PALT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +100,000
Change %
Price: $0.000000
Shares after: 100,000
Date: 10 Oct 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $1.86
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The stock option was granted pursuant to a stock option agreement dated October 10, 2023 (the "Option Agreement"). The shares underlying this stock option will vest and become exercisable in four equal annual installments beginning on the first anniversary of the date of the grant, as long as the reporting person is providing services to Paltalk, Inc. on such dates; provided, that upon the effective date of a "change in control" (as defined in the Paltalk, Inc. 2016 Long-Term Incentive Plan), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.