4//SEC Filing
SCHLEIN TED 4
Accession 0001209191-21-053959
CIK 0001777946other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 7:42 PM ET
Size
11.4 KB
Accession
0001209191-21-053959
Insider Transaction Report
Form 4
IronNet, Inc.IRNT
SCHLEIN TED
Director
Transactions
- Award
Common Stock
2021-08-26$10.00/sh+100,000$1,000,000→ 100,000 total(indirect: By Trust) - Award
Common Stock
2021-08-26+5,721,414→ 5,721,414 total(indirect: By Funds) - Award
Common Stock
2021-08-26$10.00/sh+200,000$2,000,000→ 5,921,414 total(indirect: By Funds)
Footnotes (5)
- [F1]Received on August 26, 2021 pursuant to the Agreement and Plan of Reorganization and Merger, dated as of March 15, 2021, as amended by Amendment No. 1 to Agreement and Plan of Reorganization and Merger, dated as of August 6, 2021 (the "Merger Agreement"), by and among LGL Systems Acquisition Corp. ("LGL"), LGL Systems Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of LGL, and IronNet Cybersecurity, Inc., a Delaware corporation (the "Business Combination").
- [F2]KPCB Digital Growth Fund II, LLC ("KPCB DGF II") and KPCB Digital Growth Founders Fund II, LLC ("DGF II Founders") (together, the "Funds") may also receive, as additional merger consideration an aggregate of 80,587 shares of the Issuer's common stock if the volume weighted average share price of the Issuer's common stock equals or exceeds $13.00 for ten consecutive days during the two year period following the closing of the Business Combination.
- [F3]Received in the Business Combination in exchange for an aggregate of 7,027,840 shares of IronNet Cybersecurity, Inc.
- [F4]Includes (i) 5,579,522 shares of the Issuer's common stock held by KPCB DGF II; and (ii) 141,892 shares of the Issuer's common stock held by DGF II Founders. All such shares are held for convenience in the name of KPCB Holdings, Inc., as nominee, for the accounts of such individuals and entities. The managing member of KPCB DGF II and DGF II Founders is KPCB DGF II Associates, LLC ("DGF II Associates"). The Reporting Person, together with L. John Doerr and Mary Meeker, the managing members of DGF II Associates, exercise shared voting and dispositive control over the shares held by KPCB DGF II and DGF II Founders. The Reporting Person disclaims beneficial ownership of all shares held by KPCB DGF II and DGF II Founders except to the extent of his pecuniary interest therein and this report shall not be an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F5]Includes (i) 5,774,562 shares of the Issuer's common stock held by KPCB DGF II; and (ii) 146,852 shares of the Issuer's common stock held by DGF II Founders. All such shares are held for convenience in the name of KPCB Holdings, Inc., as nominee, for the accounts of such individuals and entities. The managing member of KPCB DGF II and DGF II Founders is DGF II Associates. The Reporting Person, together with L. John Doerr and Mary Meeker, the managing members of DGF II Associates, exercise shared voting and dispositive control over the shares held by KPCB DGF II and DGF II Founders. The Reporting Person disclaims beneficial ownership of all shares held by KPCB DGF II except to the extent of his pecuniary interest therein and this report shall not be an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
IronNet, Inc.
CIK 0001777946
Entity typeother
Related Parties
1- filerCIK 0001242733
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 7:42 PM ET
- Size
- 11.4 KB