Welch William E 4
4 · IronNet, Inc. · Filed Mar 17, 2022
Insider Transaction Report
Form 4
IronNet, Inc.IRNT
Welch William E
DirectorCo-CEO & Director
Transactions
- Sale
Common Stock
2022-03-16$3.72/sh−397,958$1,480,404→ 8,087,198 total - Sale
Common Stock
2022-03-15$3.74/sh−479,542$1,793,487→ 8,485,156 total - Award
Common Stock
2022-03-15+4,000,000→ 8,964,698 total - Sale
Common Stock
2022-03-17$3.65/sh−722,431$2,636,873→ 7,364,767 total
Footnotes (6)
- [F1]The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- [F2]The shares underlying these restricted stock units will vest in 48 monthly installments beginning on March 1, 2023 and continuing through February 1, 2027, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.
- [F3]The sales reported on this Form 4 were effected to satisfy tax withholding obligations in connection with the settlement of restricted stock units as part of a "sell to cover" transaction and do not represent discretionary trades by the reporting person.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.54 to $4.00, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F5]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.61 to $3.88, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F6]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $3.53 to $3.76, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.