Radford Nicolaus 4
4 · Nauticus Robotics, Inc. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
Radford Nicolaus
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Performance RSU
2023-12-31−144,021→ 144,021 total→ Common Stock (144,021 underlying) - Sale
Common Stock
2024-01-02$0.64/sh−19,667$12,587→ 3,024,921 total - Exercise/Conversion
Common Stock
2023-12-31+73,451→ 3,044,588 total
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.