4//SEC Filing
Andre Alex 4
Accession 0001493152-25-007202
CIK 0000923601other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 5:01 PM ET
Size
8.2 KB
Accession
0001493152-25-007202
Insider Transaction Report
Form 4
Andre Alex
CFO & General Counsel
Transactions
- Award
Common Stock
2025-02-13+23,818→ 23,818 total - Award
Stock Option (right to buy)
2025-02-13+23,818→ 23,818 totalExercise: $2.78Exp: 2035-02-13→ Common Stock (23,818 underlying)
Footnotes (3)
- [F1]The reported transaction involved the Reporting Person's receipt of a restricted stock award for 23,818 shares of the Issuer's common stock. The restricted stock award was granted by the Board of Directors of the Issuer as an inducement grant pursuant to the Nasdaq Listing Rule 5635(c)(4). Twenty-five percent (25%) of the total number of shares subject to the restricted stock award shall vest on the first anniversary of the grant date and six and one-quarter percent (6.25%) of the remaining shares shall vest each quarter thereafter.
- [F2]The reported transaction involved the Reporting Person's receipt of a non-qualified stock option to purchase 23,818 shares of the Issuer's common stock. The non-qualified stock option was granted by the Board of Directors of the Issuer as an inducement grant pursuant to the Nasdaq Listing Rule 5635(c)(4).
- [F3]Twenty-five percent (25%) of the total number of shares subject to the non-qualified stock option shall vest and become exercisable on the first anniversary of the grant date and six and one-quarter percent (6.25%) of the remaining shares shall vest and become exercisable each quarter thereafter.
Documents
Issuer
Algorhythm Holdings, Inc.
CIK 0000923601
Entity typeother
Related Parties
1- filerCIK 0001775263
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 5:01 PM ET
- Size
- 8.2 KB