Form 4 for CHRN ChronoScale Holdings Corp
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-08 · accession 0001209191-22-017980 · 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 | 2022-03-10 | 2022-03-08 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | +15.6K | 616.4K | +3% | $0 |
| D | 2022-03-10 | 2022-03-08 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | +15.6K | 171.6K | +10% | $0 |
| D | 2022-03-10 | 2022-03-08 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | A - Grant | $0.00 | +187.2K | 187.2K | 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 | 2022-03-08 | M | A | 15,599 | $0.00 | 616,424 | D | — | — | |
| 2 | Derivative | Restricted Stock | 2022-03-08 | M | A | 15,599 | $0.00 | 171,591 | D | — · — to — | 15,599 Common Stock | (F1) Shares represent restricted stock units ("RSUs") granted in accordance with the terms of an Executive Employment Agreement entered into between the Reporting Person and the Company on January 21, 2022 (the "Effective Date"). The Issuer's Compensation Committee formally authorized the grant of such RSUs and the related RSU Agreement on March 8, 2022. (F3) The first installment of the RSUs vested on February 21, 2022 and were delivered to the Reporting Person immediately in connection with the execution of the RSU Agreement. |
| 3 | Derivative | Restricted Stock Units | 2022-03-08 | A | A | 187,190 | $0.00 | 187,190 | D | — · — to — | 187,190 Common Stock | (F1) Shares represent restricted stock units ("RSUs") granted in accordance with the terms of an Executive Employment Agreement entered into between the Reporting Person and the Company on January 21, 2022 (the "Effective Date"). The Issuer's Compensation Committee formally authorized the grant of such RSUs and the related RSU Agreement on March 8, 2022. (F2) The RSUs vest in twelve equal installments on the first twelve monthly anniversaries of the Effective Date, starting February 21, 2022, such that the RSUs will be fully vested on January 21, 2023. |