Singh Gurvinder 4
4 · Bright Green Corp · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Singh Gurvinder
Chief Executive Officer
Transactions
- Disposition to Issuer
Employee Stock Option(right to buy)
2024-03-31+625,000→ 0 totalExercise: $0.39→ Common Stock (625,000 underlying) - Award
Restricted Stock Unit
2024-03-31+500,000→ 0 total→ Common Stock (500,000 underlying) - Award
Restricted Stock Unit
2024-03-31+3,000,000→ 0 total→ Common Stock (3,000,000 underlying) - Award
Restricted Stock Unit
2024-03-31+2,000,000→ 0 total→ Common Stock (2,000,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-03-31+625,000→ 0 total→ Common Stock (625,000 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share.
- [F2]Represents restricted stock units granted under the Bright Green Corporation 2022 Omnibus Equity Incentive Plan (the "2022 Plan"). The restricted stock units were canceled by mutual agreement of the reporting person and the Issuer.
- [F3]Represents an option granted under the 2022 Plan. The option was canceled by mutual agreement of the reporting person and the Issuer.
- [F4]Represents restricted stock units granted under the 2022 Plan, which shall vest in twenty-four equal monthly installments, beginning on the six month anniversary of October 2, 2023.
- [F5]Represents restricted stock units granted under the 2022 Plan, which restricted stock units became fully vested on the date of grant.
- [F6]Represents restricted stock units granted under the 2022 Plan, which restricted stock units shall vest upon the completion of certain milestones.