Hannibal Timothy Andrew 4
4 · SCWorx Corp. · Filed Aug 12, 2020
Insider Transaction Report
Form 4
SCWorx Corp.WORX
Hannibal Timothy Andrew
President and COO
Transactions
- Award
Restricted Stock Units
2020-08-12+307,581→ 307,581 total - Award
Restricted Stock Units
2020-08-12+200,000→ 200,000 total - Award
Restricted Stock Units
2020-08-12+99,226→ 99,226 total
Holdings
- 50,000
Restricted Stock Units
- 25,000
Common Stock Option
Exercise: $6.49Exp: 2029-02-12→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]The RSUs were issued to the reporting person in satisfaction of $153,800 of indebtedness for services, and are fully vested.
- [F2]The RSUs were issued to the reporting person as compensation for services and vest in three equal semi-annual installments commencing October 7, 2020
- [F3]The RSUs were issued to the reporting person as compensation for services in connection with becoming President and COO of the Issuer.100,00 of these RSUs vest ninety days after the grant date and the remaining 100,000 vest in six equal quarterly installments, commencing February 7, 2021 and every 90 days thereafter, until fully vested.
- [F4]Options become exercisable in four quarterly installments beginning May 13, 2020