4//SEC Filing
SWETS LARRY G JR 4
Accession 0001493152-24-039601
CIK 0001591890other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 6:13 PM ET
Size
7.8 KB
Accession
0001493152-24-039601
Insider Transaction Report
Form 4
SWETS LARRY G JR
Director
Transactions
- Award
Common Stock
2024-09-03$1.07/sh+2,142$2,292→ 562,989 total
Holdings
- 10,000
8.00% Cumulative Preferred Stock, Series A, $25.00 par value
- 130,000
Stock option
Exercise: $3.38Exp: 2031-01-11→ Common Stock (130,000 underlying)
Footnotes (3)
- [F1]Shares were purchased within the Fundamental Global Inc. Employee Share Purchase Plan.
- [F2]Includes (i) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (ii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Fundamental Global Inc. Common Stock.
- [F3]The stock options become vested and fully exercisable in 20% increments on each anniversary of the grant date, provided that Mr. Swets remains in the continuous service of the Issuer through each applicable vesting date and that the Issuer's book value per share has increased by 15% or more as compared to the Issuer's book value per share as of the fiscal year end prior.
Documents
Issuer
Fundamental Global Inc.
CIK 0001591890
Entity typeother
Related Parties
1- filerCIK 0001409891
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 6:13 PM ET
- Size
- 7.8 KB