Flood John Lawrence Sr 4
4 · CYNERGISTEK, INC · Filed Sep 1, 2022
Insider Transaction Report
Form 4
CYNERGISTEK, INCCTEK
Flood John Lawrence Sr
Director
Transactions
- Award
Common Stock
2022-09-01+40,000→ 100,000 total - Disposition to Issuer
Common Stock
2022-09-01−100,000→ 0 total
Footnotes (2)
- [F1]Represents accelerated vesting and settlement of restricted stock units (RSUs) pursuant to the Merger Agreement (as defined below).
- [F2]Disposed of pursuant to an Agreement and Plan of Merger, dated as of May 23, 2022 (the "Merger Agreement") by and among the Issuer, Clearwater Compliance LLC, a Tennessee limited liability company (the "Parent"), and Clearwater Compliance Acquisition Company I, a Delaware corporation and a wholly owned subsidiary of the Parent (the "Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Parent. Each share of common stock exchanged in the Merger will receive cash of $1.25 per share.