Form 4 for FGNX FG Nexus Inc.
Accepted 2024-10-02 00:00:00 ET · period of report 2024-09-30 · accession 0001493152-24-039243 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-10-02 | 2024-09-30 | FGNX | Roberson Mark D. | CFO, Sec | A - Grant | — | +74.5K | 270.1K | +38% | — |
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 | Restricted Stock Units | 2024-09-30 | A | A | 30,000 | — | 300,088 | D | — | — | (F4) The FG RSUs will vest in equal installments on the first and second anniversary of the grant date, which was May 18, 2024, subject to continuous service through the vesting date. (F3) Received in the Arrangement in exchange for Restricted Share Units ("RSUs") convertible into shares of SGE Class A Common Voting Stock ("SGE RSU"). At the Effective Time, each SGE RSU was converted into an RSU to acquire the number of shares of FG Common Stock (an "FG RSU") equal to the product of (i) the number of shares subject to such SGE RSU as of immediately prior to September 30, 2024, multiplied by (ii) the Exchange Ratio. |
| 2 | Common | Common Stock | 2024-09-30 | A | A | 44,475 | — | 270,088 | D | — | — | (F2) Received in the Arrangement Agreement on a 1:1.5 basis. (F1) On September 30, 2024, in connection with the business combination of Strong Global Entertainment, Inc. ("SGE") with and into Fundamental Global Inc., ("FG"), each share of Class A Common Voting Stock of SGE was exchanged for 1.5 shares of FG common stock. |