Form 4 for PWCM POWERCOMPUTE, INC.
Accepted 2023-04-24 00:00:00 ET · period of report 2023-04-20 · accession 0000897069-23-000327 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-24 | 2023-04-20 | PWCM | Russell Richard D. | VP of Ops | A - Grant | $0.00 | +650.0K | 675.3K | +2,571% | $0 |
| D | 2023-04-24 | 2023-04-20 | PWCM | Russell Richard D. | VP of Ops | A - Grant | $0.00 | +1.00M | 1.00M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-04-20 | A | A | 650,000 | $0.00 | 675,279 | D | — | — | (F1) Award of restricted stock granted to reporting person under the 2021 Omnibus Incentive Plan (the "Plan"). The shares of restricted stock shall vest monthly over a period of twelve (12) months. |
| 2 | Derivative | Stock Option (right to buy) | 2023-04-20 | A | A | 1,000,000 | $0.00 | 1,000,000 | D | $0.71 · — to 2033-04-20 | 1,000,000 Common Stock | (F2) Options were granted under the Plan. Options will vest as to one-half of the option shares on April 20, 2024, and as to one-half of the option shares on April 20, 2025 subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer attaining certain performance milestones. |