4//SEC Filing
Merkel Chris 4
Accession 0001062993-24-018617
CIK 0001854480other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 5:19 PM ET
Size
9.0 KB
Accession
0001062993-24-018617
Insider Transaction Report
Form 4
DevvStream Corp.FIAC
Merkel Chris
Chief Operating Officer
Transactions
- Award
Restricted Stock Unit
2024-11-06+45,880→ 45,880 total→ Common Shares - Award
Restricted Stock Unit
2024-11-06+23,206→ 69,086 total→ Common Shares
Footnotes (4)
- [F1]Consists of securities acquired in connection with transactions consummated on November 6, 2024 pursuant to that certain Business Combination Agreement, dated September 12, 2023 (as it has been and may be amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement"), by and among DevvStream Corp. (f/k/a Focus Impact Acquisition Corp.) (the "Issuer"), Focus Impact Amalco Sub Ltd., a wholly owned subsidiary of the Issuer ("Amalco Sub"), and DevvStream Holdings Inc. ("DevvStream"), pursuant to which DevvStream and Amalco Sub amalgamated to form one corporate entity ("Amalco"), with Amalco as the surviving company and continuing as a wholly owned subsidiary of the Issuer (the "Business Combination").
- [F2]In connection with the closing of the Business Combination, each outstanding restricted stock unit of DevvStream was converted into restricted stock units of the Issuer based on an exchange ratio calculated at closing. Each restricted stock unit represents the right to receive, at settlement, one common share of the Issuer.
- [F3]Consists of restricted stock units granted on January 17, 2022. 10% of the restricted stock units vested on January 17, 2023 and 15% of the restricted stock units vest every six months thereafter.
- [F4]Consists of restricted stock units granted on June 6, 2024. 10% of the restricted stock units vest on the six month anniversary of the grant date and 15% of the restricted stock units vest every six months thereafter for a period of 36 months.
Issuer
DevvStream Corp.
CIK 0001854480
Entity typeother
Related Parties
1- filerCIK 0002037023
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 5:19 PM ET
- Size
- 9.0 KB