4//SEC Filing
LGL Systems Acquisition Holding Company, LLC 4
Accession 0001213900-21-045746
CIK 0001777946other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 9:39 PM ET
Size
14.6 KB
Accession
0001213900-21-045746
Insider Transaction Report
Form 4
IronNet, Inc.IRNT
Transactions
- Conversion
Common Stock
2021-08-26+2,904,375→ 3,470,375 total - Disposition to Issuer
Class B Common Stock
2021-08-26−1,078,125→ 2,904,375 total→ Class A Common Stock (1,078,125 underlying) - Conversion
Class B Common Stock
2021-08-26−2,904,375→ 0 total→ Common Stock (2,904,375 underlying) - Award
Common Stock
2021-08-26$10.00/sh+566,000$5,660,000→ 566,000 total - Other
Class B Common Stock
2021-08-25−330,000→ 3,982,500 total→ Class A Common Stock (330,000 underlying)
Footnotes (4)
- [F1]The Class B Common Stock is convertible into Class A Common Stock at anytime and automatically converts into Class A Common Stock at the time of the Issuer's initial business combination, in each case, on a one-for-one basis, subject to adjustment. The Class B Common Stock has no expiration date.
- [F2]The Reporting Person distributed these shares to certain of its members on a pro rata basis for no consideration.
- [F3]Under the terms of the Merger Agreement (defined below), immediately prior to the closing of the Business Combination (defined below), the Reporting Person surrendered and forfeited these shares to LGL Systems Acquisition Corp. ("LGL") for no consideration. From and after such time, the shares were deemed to be cancelled and no longer outstanding.
- [F4]The Class B Common Stock automatically converted into the same number of shares of Class A Common Stock on August 26, 2021 pursuant to the Agreement and Plan of Reorganization and Merger, dated as of March 15, 2021, as amended by Amendment No. 1 to Agreement and Plan of Reorganization and Merger, dated as of August 6, 2021 (as so amended, the "Merger Agreement"), by and among LGL, LGL Systems Merger Sub Inc., a wholly owned subsidiary of LGL, and IronNet Cybersecurity, Inc. (the "Business Combination"). Upon the closing of the Business Combination, the Class A Common Stock was renamed Common Stock.
Documents
Issuer
IronNet, Inc.
CIK 0001777946
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001792595
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 9:39 PM ET
- Size
- 14.6 KB