Key facts
- This page summarizes Nicholas M. Grindstaff's Form 4 filing for Orbital Infrastructure Group, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Oct 2022, 20:41.
Nicholas M. Grindstaff - 15 Sep 2022 Form 4 Insider Report for Orbital Infrastructure Group, Inc.
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- N/A
- Reported as of
- 15 Sep 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Oct 2022, 20:41:33 UTC
- Prior SEC filing
- 23 Nov 2021
- Next SEC filing
- 10 Jul 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nicholas M. Grindstaff
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Nicholas M. Grindstaff filed Form 4 for Orbital Infrastructure Group, Inc. on 17 Oct 2022.
Change
- Previous filing in this sequence was filed on 23 Nov 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.
OIG
transaction
Common Stock
Award
- Transaction value
- Shares
- +154,106
- Change %
- +109%
- Price
- Shares after
- 296,052
- Date
- 15 Sep 2022
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
OIG
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- Shares
- +500,000
- Change %
- Price
- Shares after
- 500,000
- Date
- 15 Sep 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 500,000
- Exercise price
- Footnotes
- F3, F4, F5, 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
250,000 fully vested Restricted stock units were granted and issued net of 95,894 shares withheld for taxes.
Footnote F2
Shares were issued as part of employee agreement based on a market price of $0.63.
Footnote F3
250,000 shares will vest on 9/15/23 and 250,000 shares will vest on 9/15/24
Footnote F4
RSUs vest and automatically convert to common stock in three tranches, 9/15/22, 9/15/23 and 9/15/24.
Footnote F5
RSU shares convert to common stock on a 1 for 1 basis at the market rate of the common stock on the vesting date.
Footnote F6
Price of RSU corresponds to the market price of the common stock, which was $0.63 on 9/15/22.