Angel Studios, Inc.|4Jul 24, 5:11 PM ET

Ellis Elizabeth 4

4 · Angel Studios, Inc. · Filed Jul 24, 2024

Form 4

Period: 2024-07-22

Chief Operating Officer

Transactions

Exercise/Conversion
Class F Common Stock, par value $0.001 per share
2024-07-23$0.50/sh+25,000$12,500→ 25,000 total
Exercise/Conversion
Stock Options
2024-07-23−25,000→ 285,651 total
Exercise: $0.50Exp: 2025-07-17→ Class F Common Stock, par value $0.001 per share (25,000 underlying)
Award
Stock Options
2024-07-22+4,518→ 21,043 total
Exercise: $14.18Exp: 2034-07-22→ Class C Common Stock, par value $0.001 per share (4,518 underlying)

Footnotes (3)

[F1]Represents the exercise of fully-vested stock options to purchase 25,000 shares of the Issuer's Class F Common Stock.
[F2]Represents stock incentive options, granted under the Issuer's 2023 Performance Equity Plan, exercisable for 4,518 shares of the Issuer's Class C Common Stock. These options will vest in 10 tranches, equally divided, with each tranche becoming vested based on a series of increasing stock price milestones.
[F3]Twenty-five percent (25%) of the options vested one year after the issuance date. The remaining options vested in thirty-six (36) equal monthly installments beginning June 15, 2015.

Documents

1 file