Sena Michael J. 4
4 · INNOVATE Corp. · Filed Apr 25, 2024
Insider Transaction Report
Form 4
INNOVATE Corp.VATE
Sena Michael J.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-04-24$0.70/sh+114,285$80,000→ 1,171,632 total - Exercise/Conversion
Subscription Rights (right to buy)
2024-04-24−399,881→ 0 totalExercise: $0.70From: 2024-03-06Exp: 2024-04-19→ Common Stock (114,285 underlying)
Footnotes (2)
- [F1]These shares were directly acquired by the reporting person as a result of the exercise of subscription rights which were issued to the reporting person in the Issuer's rights offering.
- [F2]Every one (1) subscription right entitles the reporting person to purchase 0.2858 shares of the Issuer's common stock at a subscription price per full share of $0.70.