GLAZER AVRAM A 4
4 · INNOVATE Corp. · Filed Jun 20, 2023
Insider Transaction Report
Form 4
INNOVATE Corp.VATE
GLAZER AVRAM A
Director10% Owner
Transactions
- Award
Common Stock
2023-06-15+46,392→ 215,195 total
Holdings
- 3,139,405(indirect: By Trust)
Common Stock
- 19,384,196(indirect: Lancer Capital)
Common Stock
Footnotes (3)
- [F1]The shares will vest and become non-forfeitable on the earlier of (i) the first anniversary of the grant date and (ii) the first regular annual meeting of the Company's stockholders that occurs following the date of grant (subject to continued service with the Company through such vesting date).
- [F2]The reported shares were purchased by Lancer Capital LLC ("Lancer"). The Avram Glazer Irrevocable Exempt Trust (the "Trust") is the sole owner of Lancer, and in such capacity may be deemed to beneficially own the shares held of record by Lancer. The Reporting Person is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by Lancer Capital and the Trust.
- [F3]The reported shares were acquired by the Avram Glazer Irrevocable Exempt Trust (the "Trust"). Reporting person is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by the Trust.