Form 4 for GNSS Genasys Inc.
Accepted 2023-05-31 00:00:00 ET · period of report 2023-05-26 · accession 0001437749-23-016269 · 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 | 2023-05-31 | 2023-05-26 | GNSS | Danforth Richard | CEO | M - OptEx | $1.99 | +786.7K | 793.2K | +12,104% | +$1.57M |
| D | 2023-05-31 | 2023-05-26 | GNSS | Danforth Richard | CEO | F - Tax | $2.77 | -639.8K | 153.4K | -81% | -$1.77M |
| DM | 2023-05-31 | 2023-05-26 | GNSS | Danforth Richard | CEO | M - OptEx | $0.00 | -786.7K | 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 | 2023-05-26 | M | A | 786,747 | $1.99 | 793,247 | D | — | — | |
| 2 | Common | Common stock | 2023-05-26 | F | D | 639,820 | $2.77 | 153,427 | D | — | — | |
| 3 | Derivative | Stock options | 2023-05-26 | M | D | 224,247 | $0.00 | 150,753 | D | $1.99 · 2017-08-01 to 2023-08-01 | 224,247 Common stock | (F1) Grant to reporting person on August 1, 2016 of an option to purchase 375,000 shares. The option vested as to 1/3 of the shares on August 1, 2017 and 1/12 of the shares quarterly thereafter until fully vested. |
| 4 | Derivative | Stock options | 2023-05-26 | M | D | 562,500 | $0.00 | 0 | D | $1.99 · 2017-11-01 to 2023-08-01 | 562,500 Common stock | (F2) On August 1, 2016, the reporting person was granted an option to purchase shares of common stock that vested based upon Genasys achieving specified performance targets for its fiscal years ended September 30, 2019 and September 30, 2020. Genasys' performance for fiscal year 2019 resulted in the vesting of options to purchase 187,500 shares and Genasys' performance for fiscal year 2020 resulted in the vesting of options to purchase 375,000 shares. |