Gurvinder Singh - 31 Mar 2024 Form 4 Insider Report for Bright Green Corp (BGXXQ)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: BGXXQ
Reported as of: 31 Mar 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Apr 2024, 20:15:21 UTC
Prior SEC filing: 06 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Gurvinder Singh

Key filing fact

Gurvinder Singh filed Form 4 for Bright Green Corp (BGXXQ) on 02 Apr 2024.

Key facts

This page summarizes Gurvinder Singh's Form 4 filing for Bright Green Corp (BGXXQ).
5 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 02 Apr 2024, 20:15.

Change

Previous filing in this sequence was filed on 06 Oct 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

This filing has been restated. Open the amended filing.

Reported derivative securities

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

BGXX transaction Derivative

Restricted Stock Unit

Disposed to Issuer

Transaction value: $0
Shares: +625,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 625,000
Exercise price
Footnotes: F1, F2

BGXX transaction Derivative

Employee Stock Option(right to buy)

Disposed to Issuer

Transaction value: $0
Shares: +625,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 625,000
Exercise price: $0.3850
Footnotes: F3

BGXX transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +3,000,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000,000
Exercise price
Footnotes: F1, F4

BGXX transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +500,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 500,000
Exercise price
Footnotes: F1, F5

BGXX transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +2,000,000
Change %
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000,000
Exercise price
Footnotes: F1, F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share.

Footnote F2

Represents restricted stock units granted under the Bright Green Corporation 2022 Omnibus Equity Incentive Plan (the "2022 Plan"). The restricted stock units were canceled by mutual agreement of the reporting person and the Issuer.

Footnote F3

Represents an option granted under the 2022 Plan. The option was canceled by mutual agreement of the reporting person and the Issuer.

Footnote F4

Represents restricted stock units granted under the 2022 Plan, which shall vest in twenty-four equal monthly installments, beginning on the six month anniversary of October 2, 2023.

Footnote F5

Represents restricted stock units granted under the 2022 Plan, which restricted stock units became fully vested on the date of grant.

Footnote F6

Represents restricted stock units granted under the 2022 Plan, which restricted stock units shall vest upon the completion of certain milestones.