4//SEC Filing
Glick Frederick L 4
Accession 0001493152-21-018738
CIK 0001805024other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 4:35 PM ET
Size
9.9 KB
Accession
0001493152-21-018738
Insider Transaction Report
Form 4
Glick Frederick L
DirectorPRESIDENT
Transactions
- Award
Stock Option(nonstatutory)
2021-08-02+150,000→ 150,000 totalExercise: $2.50From: 2021-08-02Exp: 2026-08-02→ Common stock (150,000 underlying) - Purchase
Common Stock
2021-08-02$0.47/sh+50,000$23,500→ 80,000 total - Award
Stock Option(nonstatutory)
2021-08-02+300,000→ 300,000 totalExp: 2026-08-02→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]Nonqualified option to purchase an aggregate of 300,000 shares of common stock of the Company, $0.0001 par value (shares of common stock of the Company referred to herein as "Shares"), 100,000 of which are exercisable at $0.56 per Share, 100,000 of which are exercisable at $0.81 per Share, and 100,000 of which are exercisable at $1.08 per Share.
- [F2]Vest in twelve equal installments, the first installment vesting August 2, 2021, and the remaining installments vesting on each of October 1, 2021, January 1,2022, April 1, 2022, July 1, 2022, October 1, 2022, January 1, 2023, April 1, 2023, July 1, 2023, October 1, 2023, January 1, 2024, and April 1, 2024. These option awards further vest based on exercise price, with lower priced options vesting first and are subject to the terms and conditions of the 2021 Inducement Plan (the "Plan") and the terms and conditions of that certain Employment Agreement effective July 1, 2021, by and between the Optionee and the Company.
- [F3]Grant pursuant to 2021 Inducement Plan, as amended.
Documents
Issuer
Amergent Hospitality Group, Inc
CIK 0001805024
Entity typeother
Related Parties
1- filerCIK 0001762396
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 4:35 PM ET
- Size
- 9.9 KB