Form 4 for MRDN Meridian Holdings Inc./NV
Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-30 · accession 0001477932-23-000712 · 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 | 2023-02-02 | 2023-01-30 | MRDN | Luxor Capital LLC | CEO, Dir, 10% | M - OptEx | — | +250.0K | 8.53M | +3% | — |
| D | 2023-02-02 | 2023-01-30 | MRDN | Luxor Capital LLC | CEO, Dir, 10% | M - OptEx | $0.00 | -250.0K | 500.0K | -33% | $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 | 2023-01-30 | M | A | 250,000 | — | 8,529,079 | D | — | — | (F1) Represents the vesting of restricted stock units (RSUs) upon the Issuer meeting certain (1) revenue and (2) EBITDA targets, as of the end of fiscal 2022. (F2) Each RSU represents the contingent right to receive, at settlement, one share of common stock. |
| 2 | Derivative | Restricted Stock Unit | 2023-01-30 | M | D | 250,000 | $0.00 | 500,000 | D | — · — to — | 250,000 Common Stock | (F2) Each RSU represents the contingent right to receive, at settlement, one share of common stock. (F4) The RSUs vest, if all, at the rate of 125,000 of such RSUs, upon the Issuer meeting certain (1) revenue and (2) EBITDA targets (250,000 total per year), as of the end of fiscal 2022 (vested), 2023 and 2024, and upon the public disclosure of such operating results in the Issuer's subsequently filed Annual Reports on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. Issued under the Issuer's 2022 Equity Incentive Plan. |