4//SEC Filing
Pollock Ryan 4
Accession 0001209191-23-053422
CIK 0001603652other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 9:21 PM ET
Size
20.1 KB
Accession
0001209191-23-053422
Insider Transaction Report
Form 4
Pollock Ryan
Director
Transactions
- Award
Common Stock
2023-10-19+14,164→ 14,164 total - Exercise/Conversion
Common Stock
2023-10-19$0.09/sh+151,109$13,600→ 513,323 total(indirect: See footnote) - Tax Payment
Common Stock
2023-10-19$0.09/sh−643$58→ 512,680 total(indirect: See footnote) - Exercise/Conversion
Warrant (right to buy)
2023-10-19−151,109→ 0 total(indirect: See footnote)Exercise: $0.09Exp: 2027-09-30→ Common Stock (151,109 underlying) - Conversion
Convertible Notes
2023-10-19−31,585→ 0 total(indirect: See footnote)Exercise: $16.94Exp: 2024-06-30→ Common Stock (31,585 underlying) - Conversion
Common Stock
2023-10-19$13.77/sh+376,567$5,185,328→ 889,247 total(indirect: See footnote) - Conversion
Common Stock
2023-10-19$16.94/sh+31,585$535,050→ 920,832 total(indirect: See footnote) - Conversion
Convertible Notes
2023-10-19−376,567→ 0 total(indirect: See footnote)Exercise: $13.77Exp: 2024-06-30→ Common Stock (376,567 underlying)
Footnotes (7)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in three equal annual installments beginning on October 19, 2024.
- [F2]The amount of securities beneficially owned includes 335,096 shares previously reported on a Form 3 as convertible notes. These notes converted and the underlying shares were issued prior to the Form 3 triggering event.
- [F3]The shares are held of record by Iron Gate Urgently, LLC (the "LLC"). As a member of the managing committee of Iron Gate Management, the manager of the LLC, the reporting person shares investment and voting control with respect to the shares held of record by the LLC.
- [F4]The reporting person exercised a warrant to purchase 151,109 shares of Issuer common stock for $0.09 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 643 of the warrant shares to pay the exercise price and issuing the remaining 150,466 shares to the reporting person.
- [F5]The warrants were immediately exercisable into an equal number of shares of Common Stock.
- [F6]The reported amount reflects the shares issuable or the applicable exercise price in connection with the merger of Otonomo Technologies Ltd. and the Issuer.
- [F7]The convertible notes are exercisable upon the occurrence of certain events as set forth in the note agreement.
Documents
Issuer
Urgent.ly Inc.
CIK 0001603652
Entity typeother
Related Parties
1- filerCIK 0001993003
Filing Metadata
- Form type
- 4
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 9:21 PM ET
- Size
- 20.1 KB