4/A//SEC Filing
Yamokoski John 4/A
Accession 0001213900-22-056035
CIK 0001849820other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 9:42 PM ET
Size
6.8 KB
Accession
0001213900-22-056035
Insider Transaction Report
Form 4/AAmended
Yamokoski John
Chief Technology Officer
Transactions
- Award
Earn-Out Shares
2022-09-09+177,401→ 177,401 totalExercise: $0.00→ Common Stock (177,401 underlying)
Footnotes (1)
- [F1]Reflects Earn-Out Shares issued in connection with the business combination of CleanTech Acquisition Corp. ("CLAQ"), CleanTech Merger Sub, Inc., a wholly owned subsidiary of CLAQ, and Nauticus Robotics, Inc. pursuant to the Merger Agreement dated December 16, 2021 and consummated on September 9, 2022 ("Merger Agreement"). Earn-Out Shares will be released as follows: (i) one-half will be released if, within a five-year period following the signing date of the Merger Agreement, the volume-weighted average price of the common stock equals or exceeds $15.00 per share, over any 20 trading days within a 30-day trading period; (ii) one-quarter will be released if, within a five-year period following the signing date of the Merger Agreement, the volume-weighted average price of common stock equals or exceeds $17.50 per share over any 20 trading days within a 30-day trading period; and (iii) one-quarter will be released if, within a five-year period following the signing date of the Merger Agreement, the volume-weighted average price of the common stock equals or exceeds $20.00 per share over any 20 trading days within a 30-day trading period. Any shares not eligible to be released within five years of December 16, 2021 will be forfeited and canceled. This amendment is being filed to include the Earn-Out Shares that were inadvertently omitted from the original Form 4 filed by the Reporting Person on September 13, 2022.
Documents
Issuer
Nauticus Robotics, Inc.
CIK 0001849820
Entity typeother
Related Parties
1- filerCIK 0001944944
Filing Metadata
- Form type
- 4/A
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 9:42 PM ET
- Size
- 6.8 KB