Johnshoy Sheila 4
4 · Stran & Company, Inc. · Filed Apr 18, 2023
Insider Transaction Report
Form 4
Johnshoy Sheila
Chief Operating Officer
Transactions
- Award
Common Stock
2023-04-14+5,000→ 10,000 total - Award
Employee Stock Option (right to buy)
2023-04-14+5,000→ 10,000 totalExercise: $1.60From: 2023-04-14Exp: 2032-03-10→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]On March 11, 2022, the reporting person was granted 5,000 shares of common stock and an option to purchase 40,000 shares for $1.60 per share, 5,000 of which vested and became exercisable immediately. Both the common stock and stock option were subject to a separate restriction on transfer which lapsed on September 11, 2022. The remaining 35,000 shares of common stock under the stock option vest subject to the issuer's attainment of certain performance-based conditions. On April 14, 2023, the Compensation Committee of the issuer determined that the performance-based conditions had been met for the vesting of the option as to 5,000 shares.