Form 4 for ISPR Ispire Technology Inc.

Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-04 · accession 0001213900-23-074514 · 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	2023-09-06	2023-09-04	ISPR	Wang Michael Xue	Co-CEO	A - Grant	—	+282.8K	1.43M	+25%	—
D	2023-09-06	2023-09-04	ISPR	Wang Michael Xue	Co-CEO	A - Grant	$0.00	+1.00M	1.00M	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Restricted Stock Units	2023-09-04	A	A	282,787	—	1,425,644	D	—	—	(F1) RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant. (F2) Each restricted stock unit ("RSU") represents the right to receive one share of Common Stock upon vesting. (F3) The amount reported includes (i) 1,000,000 shares of Common Stock owned by the Reporting Person and held by Peak Group LLC where the Reporting Person has sole voting and dispositive power over the shares of common stock owned by Peak Group LLC and (ii) 142,857 share of Common Stock purchased by the Reporting Person in connection with the Issuer's initial public offerings which priced on April 3, 2023 and closed on April 6, 2023.
2	Derivative	Common Stock Options (Right to buy)	2023-09-04	A	A	1,000,000	$0.00	1,000,000	D	$9.76 · — to 2033-09-04	1,000,000 Common Stock	(F4) Each option represents the right to purchase one share of Common Stock at the exercise price. (F5) Common Stock Options vest over four years as follows: 1/4 on the first anniversary of the date of grant with the remaining 3/4 vesting in equal installment of 2.083% each month thereafter.