ALI NADIR 4
4 · Sysorex, Inc. · Filed Apr 16, 2021
Insider Transaction Report
Form 4
Sysorex, Inc.SYSX
ALI NADIR
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2021-04-14$0.57/sh+1,250,000$711,250→ 1,250,001 total - Other
Common Stock
2021-04-14$0.57/sh+250,000$142,250→ 260,000 total(indirect: By SCI) - Other
Common Stock
2021-04-14$0.57/sh+12,972,189$7,381,176→ 12,972,189 total(indirect: By Inpixon) - Other
Rights to Common Stock
2021-04-14$0.57/sh+3,000,000$1,707,000→ 15,972,189 total(indirect: By Inpixon)Exercise: $0.00From: 2021-04-14→ Common Stock (3,000,000 underlying)
Footnotes (4)
- [F1]The shares of common stock were issued in connection with a debt settlement agreement between the Company and by Sysorex Consulting, Inc. (referred to as SCI).
- [F2]The shares of common stock are held directly, by SCI a company controlled by the reporting person's father-in-law, A. Salam Qureishi and of which the reporting person may be deemed to be the beneficial owner of such shares.
- [F3]The shares of common stock and rights (including shares of common stock underlying the rights) were issued in connection with a debt settlement agreement and are held directly by Inpixon, a company for which the reporting person is the Chief Executive Officer and a member of its Board of Directors and has voting and investment control over such securities and therefore may be deemed to be the beneficial owner of such securities.
- [F4]The exercise of the rights is subject to 9.99% beneficial ownership limitations and are not subject to expiration.