Chiddix James A. 4
4 · Starry Group Holdings, Inc. · Filed Mar 31, 2022
Insider Transaction Report
Form 4
Chiddix James A.
Director
Transactions
- Award
Class A Common Stock
2022-03-29+70,773→ 70,773 total - Award
Stock Option (Right to Buy)
2022-03-29+55,223→ 55,223 totalExercise: $0.93Exp: 2027-01-23→ Class A Common Stock (55,223 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of October 6, 2021 (as the same has been or may be amended, modified, supplemented or waived from time to time, the "Merger Agreement") by and among FirstMark Horizon Acquisition Corp. ("FMAC"), Sirius Merger Sub, Inc., Starry, Inc. ("Starry"), and Starry Group Holdings, Inc. (the "Issuer"), (i) all outstanding Starry capital stock held by the Reporting Person was cancelled and automatically converted into the right to receive a number of shares Class A Common Stock of the Issuer equal to the applicable exchange ratio (as described in the Merger Agreement) and (ii) each outstanding Starry equity award was converted into a corresponding equity award of the Issuer, on the same terms and conditions as were applicable to the Starry equity award, based on the applicable exchange ratio (determined in accordance with the Merger Agreement).
- [F2]The option is fully vested and exercisable.