CROXALL DOUGLAS B 4
4 · Crown Electrokinetics Corp. · Filed Mar 31, 2023
Insider Transaction Report
Form 4
CROXALL DOUGLAS B
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2020-01-12−238,095→ 2,829,448 total(indirect: See Footnote) - Sale
Common Stock
2021-11-10$0.90/sh−1,000,000$900,000→ 1,829,448 total(indirect: See Footnote) - Award
Restricted Stock Units
2022-09-23+150,000→ 150,000 total(indirect: See Footnote)→ Common Stock (150,000 underlying) - Award
Options to Purchase Common Stock
2022-09-23+150,000→ 3,365,672 total(indirect: See Footnote)Exercise: $0.34Exp: 2032-09-23→ Common Stock (150,000 underlying)
Footnotes (5)
- [F1]Reflects the forfeiture of certain incentive compensation for no consideration.
- [F2]Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.
- [F3]Held through Croxall Family Revocable Trust dated February 20, 2004.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 4,166 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.