Chen Yinghua 4
4 · Allied Gaming & Entertainment Inc. · Filed Feb 26, 2024
Insider Transaction Report
Form 4
Chen Yinghua
Chief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.0001 per share
2024-02-22$1.04/sh−75,552$78,574→ 1,179,750 total - Award
Stock Options (right to buy)
2021-11-11+75,000→ 75,000 totalExercise: $2.21Exp: 2031-11-11→ Common Stock (75,000 underlying) - Award
Stock Options (right to buy)
2020-07-01+40,000→ 40,000 totalExercise: $2.11Exp: 2030-07-01→ Common Stock (40,000 underlying) - Award
Common Stock, par value $0.0001 per share
2024-02-22+1,230,000→ 1,255,302 total
Footnotes (5)
- [F1]Consists of a grant of restricted stock units ("RSU"). Each RSU represents the right to receive one share of common stock, par value $0.0001 per share, of the Issuer (the "Common Stock"). The RSUs shall vest: (i) twenty-five percent (25%) immediately upon granting and (ii) the remaining shares shall vest in three (3) equal successive installments upon the Reporting Person's completion of each six (6) month period of service over the eighteen (18) month period measured from the date of grant.
- [F2]Includes 922,500 shares of the Issuer's Common Stock subject to RSUs granted on February 22, 2024.
- [F3]Represents shares withheld to satisfy tax withholding obligations.
- [F4]Option vests as follows: 18,750 shares vest on each of 11/11/2022, 11/11/2023, 11/11/2024, and 11/11/2025. Subject to accelerated vesting upon the consummation of a qualified acquisition.
- [F5]10,000 shares vest on each of 7/01/2021, 7/01/2022, 7/01/2023, and 7/01/2024.