4//SEC Filing
Sivasankaran Jawahar 4
Accession 0001213900-22-000241
CIK 0001353538other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:02 PM ET
Size
8.8 KB
Accession
0001213900-22-000241
Insider Transaction Report
Form 4
Appgate, Inc.APGT
Sivasankaran Jawahar
President and COO
Transactions
- Award
Restricted Stock Units
2022-01-01+131,794→ 131,794 total→ Common Stock (131,794 underlying) - Award
Restricted Stock Units
2022-01-01+184,512→ 184,512 total→ Common (184,512 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Appgate, Inc. common stock.
- [F2]The restricted stock units vest as follows: 50% on January 1, 2023 and 50% on January 1, 2024.
- [F3]The restricted stock units vest as follows: 25% on January 1, 2023 and 6.25% on the first day of each calendar quarter starting on April 1, 2023.
- [F4]In each case, vesting will not be effective until the earliest to occur of (a) the listing of Appgate's common stock on either the NASDAQ or NYSE and (b) a Change in Control as defined in the Appgate, Inc. 2021 Incentive Compensation Plan (the "Vesting Event"). Any restricted stock units that would have otherwise vested prior to the Vesting Event, but did not vest because the Vesting Event had not occurred as of such time, shall, to the extent the time vesting would have otherwise occurred as of the date of the Vesting Event, immediately be vested on the date of the Vesting Event (and the date of such Vesting Event shall be deemed the vesting date for such restricted stock units) regardless of whether Mr. Sivasankaran was in continuous service with Appgate as of the date of the Vesting Event.
Documents
Issuer
Appgate, Inc.
CIK 0001353538
Entity typeother
Related Parties
1- filerCIK 0001877789
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:02 PM ET
- Size
- 8.8 KB