Berman Tom J. 4
4 · Nano Magic Inc. · Filed Jul 30, 2024
Insider Transaction Report
Form 4
Nano Magic Inc.NMGX
Berman Tom J.
DirectorPresident10% Owner
Transactions
- Other
Options
2024-07-29+1,500,000→ 2,949,228 totalExercise: $0.31→ Common stock (1,500,000 underlying)
Footnotes (3)
- [F1]250,000 options were vested on date of grant, 250,000 will vest on December 31, 2024, and up to an additional one million options will only vest if the Board elects to use options to pay some or all of a profit bonus based on Company EBITDA that he may earn under his contract.
- [F2]Options expire on 5th anniversary of vesting.
- [F3]Options granted as partial compensation for services rendered or to be rendered.