Form 4 for TONX TON Strategy Co
Accepted 2024-11-08 00:00:00 ET · period of report 2024-11-08 · accession 0001493152-24-044378 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-11-08 | 2024-11-08 | TONX | Rivard Bill John | Interim CFO | A - Grant | $0.00 | +22.9K | 23.7K | +3,046% | $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 | 2024-11-08 | A | A | 22,936 | $0.00 | 23,689 | D | — | — | (F1) On November 7, 2024, the compensation committee of the Issuer's board of directors adopted the annual recommendation of an independent compensation consulting firm retained to determine compensation for the Issuer's executives and board members, granting 22,936 restricted stock units to the Reporting Person that will vest annually in equal parts on the first, second, third and fourth anniversaries of the grant. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units may be settled only by delivering shares of the Issuer's common stock, and thus, the grant is being reported in Table 1 instead of Table II, as allowed per SEC guidance and to avoid having to file a Form 4 each time there is a vesting of the restricted stock units. (F2) The total reported in Column 5 includes the (i) 22,936 newly awarded restricted stock units and (ii) 753 restricted stock units, of which 239 have vested and issued to the Reporting Person. |