Schmidt Steven Mark 4
4 · SQL Technologies Corp. · Filed May 16, 2022
Insider Transaction Report
Form 4
Schmidt Steven Mark
President
Transactions
- Purchase
Common Stock, no par value
2022-05-12$4.38/sh+5,000$21,900→ 146,667 total
Holdings
- 60,000
Stock Option (right to buy)
Exercise: $0.10Exp: 2024-10-01→ Common Stock, no par value (60,000 underlying) - 100,000
Stock Option (right to buy)
Exercise: $12.00Exp: 2026-06-01→ Common Stock, no par value (100,000 underlying) - 60,000
Stock Option (right to buy)
Exercise: $6.00Exp: 2024-10-01→ Common Stock, no par value (60,000 underlying)
Footnotes (4)
- [F1]Includes 75,000 shares of restricted stock that will vest in three equal annual installments on each of June 1, 2022, 2023 and 2024, subject to continued employment.
- [F2]These options were granted on October 1, 2019 and vest in three equal annual installments of 20,000 shares beginning on the first anniversary of the date of grant. Options are subject to continued service through the applicable vesting date.
- [F3]These options were granted on June 1, 2021 and vest in four equal annual installments of 25,000 shares beginning on the date of grant. Options are subject to continued service through the applicable vesting date.
- [F4]The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.25 and $4.44 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.