Form 4 for HLSQ Tessera Defense & Homeland Security Inc.
Accepted 2025-04-18 00:00:00 ET · period of report 2025-04-14 · accession 0001213900-25-033355 · 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 | 2025-04-18 | 2025-04-14 | HLSQ | Bassan Merav | Chief Development Off | A - Grant | $0.00 | +79.6K | 79.6K | New | $0 |
| D | 2025-04-18 | 2025-04-14 | HLSQ | Bassan Merav | Chief Development Off | A - Grant | $0.00 | -95.0K | 95.0K | -50% | $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 | 2025-04-14 | A | A | 79,597 | $0.00 | 79,597 | D | — | — | (F1) Represents a grant of 79,597 Restricted Stock Units ("RSUs"). The RSUs are immediately vested and convert into the Issuer's shares of common stock on a one-for-one basis. |
| 2 | Derivative | Common Stock Options - right to Buy | 2025-04-14 | A | D | 95,000 | $0.00 | 95,000 | D | $0.54 · — to 2035-04-14 | 95,000 Common Stock | (F2) The options vest and become exercisable over four years, with 25% of the shares of common stock subject to the option vesting on April 14, 2026, and the reminder vesting in 12 equal quarterly installments over three years. |