Form 4 for FGNX FG Nexus Inc.

Accepted 2024-10-02 00:00:00 ET · period of report 2024-09-30 · accession 0001493152-24-039244 · 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	Govignon Richard Edward JR	Dir	A - Grant	—	+64.4K	155.0K	+71%	—

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	2024-09-30	A	A	39,375	—	130,013	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")(the "Arrangement"), each share of Class A Common Voting Stock of SGE was exchanged for 1.5 shares of FG common stock (the "Exchange Ratio").
2	Common	Restricted Stock Unit	2024-09-30	A	A	24,999	—	155,012	D	—	—	(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. (F2) Received in the Arrangement Agreement on a 1:1.5 basis. (F4) The FG RSUs will vest in full on the first anniversary of the grant date, which was May 21, 2024, subject to continuous service through the vesting date.