4//SEC Filing
Katz Avi S 4
Accession 0001062993-24-013607
CIK 0001844505other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 8:41 PM ET
Size
12.5 KB
Accession
0001062993-24-013607
Insider Transaction Report
Form 4
GigAcquisitions5, LLC
10% Owner
Transactions
- Other
Private Warrants
2024-07-05−105,773→ 0 total(indirect: By LLC)Exercise: $2.30From: 2024-04-03Exp: 2029-03-04→ Common Stock (105,773 underlying) - Other
Common Stock
2024-07-05−105,773→ 5,735,000 total(indirect: By LLC) - Award
Stock Option (right to buy)
2024-07-03+40,000→ 40,000 totalExercise: $0.75Exp: 2034-07-03→ Common Stock (40,000 underlying)
Holdings
- 26,593
Common Stock
Katz Avi S
DirectorCHAIRMAN
Transactions
- Other
Common Stock
2024-07-05−105,773→ 5,735,000 total(indirect: By LLC) - Other
Private Warrants
2024-07-05−105,773→ 0 total(indirect: By LLC)Exercise: $2.30From: 2024-04-03Exp: 2029-03-04→ Common Stock (105,773 underlying) - Award
Stock Option (right to buy)
2024-07-03+40,000→ 40,000 totalExercise: $0.75Exp: 2034-07-03→ Common Stock (40,000 underlying)
Holdings
- 26,593
Common Stock
Footnotes (5)
- [F1]Distribution of shares of Common Stock to direct and indirect members of GigAcqusitions5, LLC (the "Sponsor").
- [F2]The total reported shares is a result of the deduction of the number of disposed shares of Common Stock from 5,840,773 shares of Common Stock as previously reported in Form 4 filed by the Reporting Person on July 1, 2024.
- [F3]The Common Stock is held directly by Sponsor. The shares held by the Sponsor are beneficially owned by Dr. Katz. Dr. Katz is also the Manager of the Sponsor, who has sole voting and dispositive power over the shares held by the Sponsor.
- [F4]One-third of the option will vest on February 15, 2025, and the remaining two thirds will vest in eight equal quarterly installments on each subsequent May 15, August 15, November 15 and February 15, such that the option will be fully vested on February 15, 2027, subject to Dr. Katz's continued service to the Issuer, through each vesting date.
- [F5]Distribution of Private Warrants to direct and indirect members of the Sponsor.
Issuer
QT IMAGING HOLDINGS, INC.
CIK 0001844505
Entity typeother
Related Parties
1- filerCIK 0001451693
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 8:41 PM ET
- Size
- 12.5 KB