Lehnhardt Aaron J 4
4 · Knightscope, Inc. · Filed Jun 6, 2023
Insider Transaction Report
Form 4
Lehnhardt Aaron J
Chief Design Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-06-02$0.16/sh+238,000$38,080→ 238,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-06-02−238,000→ 0 totalExercise: $0.16Exp: 2024-04-20→ Class B Common Stock (238,000 underlying) - Sale
Class A Common Stock
2023-06-02$0.41/sh−238,000$98,603→ 0 total
Footnotes (3)
- [F1]On June 2, 2023, the reporting person exercised stock options to purchase 238,000 shares of Class B Common Stock, which were immediately converted into shares of Class A Common Stock. Shares of Class B Common Stock are convertible into an equal number of shares of Class A Common Stock at any time.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.383 to $0.4401, inclusive. The reporting person undertakes to provide to the issuer, any shareholder 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 this footnote.
- [F3]The stock options vested and became exercisable as to 25% of the option shares after 12 months, and vested as to the remaining shares in equal monthly installments over the subsequent 48 months, subject to continuous service with the issuer as of each vesting date.