Christopher J. Leatt - 22 Dec 2023 Form 4 Insider Report for Leatt Corp (LEAT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Apr 2024, 17:19:12 UTC
Prior SEC filing
31 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher J. Leatt

Key filing fact

Christopher J. Leatt filed Form 4 for Leatt Corp (LEAT) on 05 Apr 2024.

Key facts

  • This page summarizes Christopher J. Leatt's Form 4 filing for Leatt Corp (LEAT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Apr 2024, 17:19.

Change

  • Previous filing in this sequence was filed on 31 Mar 2023.
  • Current net transaction value: +$476,850.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LEAT transaction

Common Stock, par value $0.001 per share

Award

Transaction value
$476,850
Shares
+51,000
Change %
+2.8%
Price
$9.35
Shares after
1,903,914
Date
22 Dec 2023
Ownership
See footnote
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

On December 21, 2023, the Issuer's Board of Directors approved the award of 51,000 restricted shares of the Company's common stock to the Reporting Person, pursuant to a Restricted Stock Award Agreement, dated December 22, 2023, under the Company's 2011 Plan. On December 22, 2023, 2,250 of the restricted shares vested, an additional 5,000 shares will vest on December 22, 2024, another 8,750 shares will vest on December 22, 2025, another 10,000 shares will vest on December 22, 2026, another 12,500 shares will vest on December 22, 2027, and the remaining 12,500 shares will vest on December 22, 2028, provided, however, that one hundred percent (100%) of the Reporting Person's nonvested restricted stock will become fully vested upon a change of control.

Footnote F2

Total common stock includes 1,898,907 shares of the Issuer's common stock directly held by the Reporting Person on the reporting date, and 5,007 shares of the Issuer's common stock held by members of the Reporting Person's immediate family on the reporting date.

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