Cuocolo Kathleen C 4
4 · ConnectM Technology Solutions, Inc. · Filed Jul 16, 2024
Insider Transaction Report
Form 4
Cuocolo Kathleen C
Director
Transactions
- Other
Common Stock
2024-07-12+25,000→ 25,000 total - Conversion
Class A Common Stock
2024-07-12+25,000→ 25,000 total - Other
Class A Common Stock
2024-07-12−25,000→ 0 total - Conversion
Class B Common Stock
2024-07-12−25,000→ 0 total→ Class A Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Upon consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of December 31, 2022 and as it may be amended from time to time, by and among Monterey Capital Acquisition Corporation (now known as ConnectM Technology Solutions, Inc. and referred to herein as the "Issuer"), ConnectM Operations, Inc. (formerly known as ConnectM Technology Solutions, Inc.), and Chronos Merger Sub, Inc., a wholly-owned subsidiary of the Issuer (such transactions, the "Business Combination"), shares of the Issuer's Class B common stock held by the Reporting Person automatically converted into shares of the Issuer's Class A common stock on a one-for-one basis and without any additional consideration. The Class B common stock had no expiration date and no exercise price.
- [F2]Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, filed in connection with the consummation of the Business Combination, the Issuer completed a reclassification whereby each share of the Issuer's Class A common stock was reclassified on a one-for-one basis, and without any additional consideration, into a share of the Issuer's common stock, par value $0.0001 per share.