4//SEC Filing
HAYNES CLAYTON J 4
Accession 0001415889-24-008904
CIK 0001621672other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 9:59 PM ET
Size
10.8 KB
Accession
0001415889-24-008904
Insider Transaction Report
Form 4
HAYNES CLAYTON J
CFO and Secretary
Transactions
- Award
Performance Stock Units
2024-03-19+63,473→ 63,473 total→ Common Stock (63,473 underlying) - Award
Common Stock
2024-03-19+63,473→ 67,536 total - Award
Stock Option (Right to Buy)
2024-03-19+126,946→ 126,946 totalExercise: $1.85Exp: 2034-03-19→ Common Stock (126,946 underlying)
Footnotes (4)
- [F1]Represents grant of restricted stock units ("RSUs"). The RSUs will vest in three equal annual installments beginning on March 19, 2025. Vesting of the RSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
- [F2]The stock options ("Options") shall vest 1/36th per month in arrears from the date of the grant. Vesting of the Options is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
- [F3]Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F4]The PSUs shall vest 1/3rd upon the occurrence of each of (A) the achievement of each of a profitable fiscal quarter, on a net income basis; (B) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2024; and (C) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2025 (with such target to be approved by the board of directors). Vesting of the PSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
Documents
Issuer
Super League Enterprise, Inc.
CIK 0001621672
Entity typeother
Related Parties
1- filerCIK 0001189618
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 9:59 PM ET
- Size
- 10.8 KB