11/20/2024 | Press release | Distributed by Public on 11/20/2024 18:12
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to buy) | $0.01 | 11/18/2024 | M | 3,290(2) | (5) | 03/17/2030 | Common Stock | 3,290 | $ 0 | 0 | D | ||||
Stock Options (Right to buy) | $2.74 | 11/18/2024 | M | 2,820(2) | (5) | 03/19/2030 | Common Stock | 2,820 | $ 0 | 0 | D | ||||
Stock Options (Right to buy) | $0.01 | 11/18/2024 | M | 17,625(2) | (5) | 02/03/2031 | Common Stock | 17,625 | $ 0 | 1,763 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Perry Itai 195 BROADWAY 27TH FLOOR NEW YORK, NY 10007 |
Chief Accounting Officer |
/s/ Ben Ozeri, attorney-in-fact for Itai Perry | 11/20/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares withheld solely to cover the reporting person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale. |
(2) | The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2024. |
(3) | The reported sale price reflects the weighted average sale price for multiple transactions, ranging from $10.3300 to $10.7600. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. |
(4) | Includes 4,266 shares of Common Stock acquired on November 15, 2024 pursuant to the Issuer's Employee Stock Purchase Plan for the purchase period of May 16, 2024 to November 15, 2024. |
(5) | This option is fully vested and exercisable. |