Form 4 for PPLI People Inc
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-23 · accession 0001415889-24-005491 · 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 | 2024-02-27 | 2024-02-23 | PPLI | LEVIN JOSEPH | CEO, Dir | M - OptEx | $13.48 | +100.0K | 3.39M | +3% | +$1.35M |
| D | 2024-02-27 | 2024-02-23 | PPLI | LEVIN JOSEPH | CEO, Dir | F - Tax | $56.69 | -65.9K | 3.32M | -2% | -$3.74M |
| D | 2024-02-27 | 2024-02-23 | PPLI | LEVIN JOSEPH | CEO, Dir | M - OptEx | $0.00 | -100.0K | 0 | -100% | $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, par value $0.0001 | 2024-02-23 | M | A | 100,000 | $13.48 | 3,387,614 | D | — | — | (F1) Represents shares of IAC common stock acquired upon the net exercise of stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024. |
| 2 | Common | Common Stock, par value $0.0001 | 2024-02-23 | F | D | 65,928 | $56.69 | 3,321,686 | D | — | — | (F2) Represents shares of IAC common stock withheld to cover exercise price and tax obligations in connection with the net exercise of stock options described in footnote 1 above. (F3) As a result of the transactions described in footnotes 1 and 2 above, the reporting person acquired and holds an additional 34,072 shares of IAC common stock. No shares of IAC common stock were sold in connection with these transactions. |
| 3 | Derivative | Options to Purchase Common Stock, par value $0.0001 | 2024-02-23 | M | D | 100,000 | $0.00 | 0 | D | $13.48 · 2024-02-23 to 2024-08-01 | 100,000 Common Stock, par value $0.0001 | (F4) Represents vested stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024. |