Form 4 for SLE Super League Enterprise, Inc.
Accepted 2024-03-21 00:00:00 ET · period of report 2024-03-19 · accession 0001415889-24-008903 · 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 | 2024-03-21 | 2024-03-19 | SLE | Hand Ann | CEO, Dir | A - Grant | — | +198.9K | 219.9K | +947% | — |
| DM | 2024-03-21 | 2024-03-19 | SLE | Hand Ann | CEO, Dir | A - Grant | $0.00 | +595.9K | 397.0K | 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 | 2024-03-19 | A | A | 198,881 | — | 219,891 | D | — | — | (F1) Represents grant of restricted stock units ("RSUs"). The RSUs will vest in three equal annual installments beginning on March 19, 2025. Vesting of the RSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained. |
| 2 | Derivative | Performance Stock Units | 2024-03-19 | A | A | 198,881 | — | 198,881 | D | — · — to — | 198,881 Common Stock | (F3) Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F4) The PSUs shall vest 1/3rd upon the occurrence of each of (A) the achievement of each of a profitable fiscal quarter, on a net income basis; (B) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2024; and (C) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2025 (with such target to be approved by the board of directors). Vesting of the PSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained. |
| 3 | Derivative | Stock Option (Right to Buy) | 2024-03-19 | A | A | 397,000 | $0.00 | 397,000 | D | $1.85 · — to 2034-03-19 | 397,000 Common Stock | (F2) The stock options ("Options") shall vest 1/36th per month in arrears from the date of the grant. Vesting of the Options is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained. |