4//SEC Filing
Otworth Michael 4
Accession 0001140361-24-049049
CIK 0002001557other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 6:38 PM ET
Size
9.1 KB
Accession
0001140361-24-049049
Insider Transaction Report
Form 4
Otworth Michael
DirectorExecutive Chairman
Transactions
- Award
Common Stock
2024-12-09+537,705→ 3,090,330 total - Award
Nonqualified Stock Option (right to buy)
2024-12-09+262,295→ 262,295 totalExercise: $12.20From: 2025-10-02Exp: 2034-12-09→ Common Stock (262,295 underlying)
Holdings
- 56,202(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Restricted Stock Units granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan, and vesting on October 2, 2025, or, if earlier, on the same date that the lock-up set forth in the contractual lock-up agreement entered into by the Reporting Person on October 24, 2023 terminates pursuant to its terms, subject to the Reporting Person's continuous service to the Issuer until the applicable vesting date.
- [F2]These shares of Innventure, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock") are held directly by Innventure1 LLC ("Innventure1"). The Reporting Person is a member of the board of directors of Innventure1 and, as such, shares voting and investment power over the securities held by Innventure1. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission that the Reporting Person is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Securities Exchange Act of 1934.
- [F3]The nonqualified stock options ("Stock Options"), exercisable solely in the Issuer's Common Stock granted by the Issuer to the Reporting Person on December 9, 2024 pursuant to the Innventure, Inc. 2024 Equity and Incentive Compensation Plan, vest and become exercisable on October 2, 2025, or, if earlier, on the same date that the lock-up set forth in the contractual lock-up agreement entered into by the Reporting Person on October 24, 2023 terminates pursuant to its terms, subject to the Reporting Person's continuous service to the Issuer until the applicable vesting date.
Documents
Issuer
Innventure, Inc.
CIK 0002001557
Entity typeother
Related Parties
1- filerCIK 0001847082
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 6:38 PM ET
- Size
- 9.1 KB