Bohan Donnelly A. 4
4 · Nauticus Robotics, Inc. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
Bohan Donnelly A.
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2023-12-31+68,554→ 135,875 total - Sale
Common Stock
2024-01-02$0.64/sh−18,357$11,748→ 117,518 total - Exercise/Conversion
Performance RSU
2023-12-31−134,420→ 134,420 total→ Common Stock (134,420 underlying)
Footnotes (2)
- [F1]Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding. Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
- [F2]0% to 150% of these Performance RSUs may vest in two (2) equal installments on each of December 31, 2023 and December 31, 2024, based the Company's revenue.