Form 4 for FGNX FG Nexus Inc.

Accepted 2023-12-04 00:00:00 ET · period of report 2023-12-01 · accession 0001493152-23-043551 · 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	2023-12-04	2023-12-01	FGNX	SWETS LARRY G JR	CEO, Dir	J - Other	$1.35	+1,697	548.4K	+0.3%	+$2,291
D	2023-12-04	2021-01-12	FGNX	SWETS LARRY G JR	CEO, Dir	A - Grant	$0.00	+130.0K	130.0K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $0.01 per share	2023-12-01	J	A	1,697	$1.35	548,416	D	—	—	(F1) Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan. (F2) Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.
2	Derivative	Stock option	2021-01-12	A	A	130,000	$0.00	130,000	D	$3.38 · — to 2023-01-11	130,000 Common Stock	(F3) The stock options become vested and fully exercisable in 20% increments on each anniversary of the grant date, provided that Mr. Swets remains in the continuous service of the Issuer through each applicable vesting date and that the Issuer's book value per share has increased by 15% or more as compared to the Issuer's book value per share as of the fiscal year end prior.