4//SEC Filing
Voigt Paul 4
Accession 0001006837-24-000144
CIK 0001006837other
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 4:39 PM ET
Size
13.1 KB
Accession
0001006837-24-000144
Insider Transaction Report
Form 4
INNOVATE Corp.VATE
Voigt Paul
Sr. Managing Director
Transactions
- Award
Stock option (Right To Buy)
2024-10-29+100,000→ 100,000 totalExercise: $25.00From: 2024-10-29Exp: 2033-09-15→ Common Stock (100,000 underlying) - Award
Common Stock
2024-10-29+95,322→ 306,977 total - Award
Common Stock
2024-10-29+142,857→ 449,834 total - Award
Stock option (Right To Buy)
2024-10-29+100,000→ 100,000 totalExercise: $4.22From: 2025-09-15Exp: 2034-09-15→ Common Stock (100,000 underlying)
Holdings
- 7,537(indirect: By LLC)
Common Stock
Footnotes (8)
- [F1]The restricted stock unit award (the "RSU") was granted on October 11, 2023, subject to stockholder approval of an amendment to the Second Amended and Restated 2014 Omnibus Equity Award Plan (the "Second A&R 2014 Plan") to increase the number of shares of Common Stock available thereunder to satisfy the settlement of the grant (the "Share Approval Condition"), which was approved by the stockholders on October 4, 2024 effective as of October 29, 2024.
- [F2]The RSU was granted on August 19, 2024, subject to the Share Approval Condition, which was approved by the stockholders on October 4, 2024 effective as of October 29, 2024.
- [F3]Reporting Person is the Manager of Jessie Holdings LLC and has sole voting and investment control.
- [F4]The option award was granted with an exercise price of $25.00 per share (retroactively adjusted to reflect the 1-for-10 reverse split of the Common Stock effective as of August 8, 2024), which price was greater than the fair market value per share on the date of the grant.
- [F5]The option award was granted on September 15, 2023, subject to the Share Approval Condition, which was approved by the stockholders on October 4, 2024 effective as of October 29, 2024.
- [F6]The reported shares have been retroactively adjusted to reflect the 1-for-10 reverse split of the Issuer's Common Stock effective as of August 8, 2024.
- [F7]The option award was granted on September 15, 2024 with an exercise price to be set at 110% of the 10-day VWAP on the date of the grant.
- [F8]The option award was granted on September 15, 2024, subject to the Share Approval Condition, which was approved by the stockholders on October 4, 2024 effective as of October 29, 2024.
Documents
Issuer
INNOVATE Corp.
CIK 0001006837
Entity typeother
Related Parties
1- filerCIK 0001621020
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 4:39 PM ET
- Size
- 13.1 KB