David Goertz - 06 Nov 2024 Form 4 Insider Report for DevvStream Corp. (DEVS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Nov 2024, 17:19:07 UTC
Next SEC filing
28 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Sunny Trinh, Attorney-in-Fact

Key filing fact

David Goertz filed Form 4 for DevvStream Corp. (DEVS) on 07 Nov 2024.

Key facts

  • This page summarizes David Goertz's Form 4 filing for DevvStream Corp. (DEVS).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Nov 2024, 17:19.

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.

FIAC transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+30,587
Change %
Price
$0.000000
Shares after
30,587
Date
06 Nov 2024
Ownership
By DJG Enterprises Inc.
Underlying class
Common Shares
Underlying amount
Exercise price
Footnotes
F1, F2, F3, F4
FIAC transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+27,769
Change %
+91%
Price
$0.000000
Shares after
58,356
Date
06 Nov 2024
Ownership
By DJG Enterprises Inc.
Underlying class
Common Shares
Underlying amount
Exercise price
Footnotes
F1, F2, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Consists of securities acquired in connection with transactions consummated on November 6, 2024 pursuant to that certain Business Combination Agreement, dated September 12, 2023 (as it has been and may be amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement"), by and among DevvStream Corp. (f/k/a Focus Impact Acquisition Corp.) (the "Issuer"), Focus Impact Amalco Sub Ltd., a wholly owned subsidiary of the Issuer ("Amalco Sub"), and DevvStream Holdings Inc. ("DevvStream"), pursuant to which DevvStream and Amalco Sub amalgamated to form one corporate entity ("Amalco"), with Amalco as the surviving company and continuing as a wholly owned subsidiary of the Issuer (the "Business Combination").

Footnote F2

In connection with the closing of the Business Combination, each outstanding restricted stock unit of DevvStream was converted into restricted stock units of the Issuer based on an exchange ratio calculated at closing. Each restricted stock unit represents the right to receive, at settlement, one common share of the Issuer.

Footnote F3

Consists of restricted stock units granted on January 17, 2022. 10% of the restricted stock units vested on January 17, 2023 and 15% of the restricted stock units vest every six months thereafter.

Footnote F4

Consists of restricted stock units granted to DJG Enterprises Inc. ("DJG") Mr. Goertz is the sole director of DJG and as a result, may be deemed to indirectly beneficially own the common shares issuable upon exercise of the restricted stock units that are directly beneficially owned by DJG. Mr. Goertz disclaims beneficial ownership other than to the extent of any pecuniary interest he may have therein. The business address of DJG is 1500 - 1140 West Pender Street, BC V6E 4G1.

Footnote F5

Consists of restricted stock units granted on June 6, 2024. 10% of the restricted stock units vest on the six month anniversary of the grant date and 15% of the restricted stock units vest every six months thereafter for a period of 36 months.

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