Form 4 for CHRN ChronoScale Holdings Corp
Accepted 2022-08-23 00:00:00 ET · period of report 2022-08-21 · accession 0001549084-22-000053 · 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 | 2022-08-23 | 2022-08-22 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | S - Sale+OE | $2.20 | -5,572 | 679.0K | -0.8% | -$12.3K |
| D | 2022-08-23 | 2022-08-21 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | +15.6K | 684.6K | +2% | $0 |
| D | 2022-08-23 | 2022-08-21 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | -15.6K | 78.0K | -17% | $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 | 2022-08-22 | S | D | 5,572 | $2.20 | 678,995 | D | — | — | (F1) Represents shares sold by the Reporting Person on August 22, 2022 to cover tax withholding obligations incurred upon the vesting and settlement of the seventh installment of a restricted stock award originally reported by the Reporting Person in Form 4 filed with the Commission on March 10, 2022 (F2) The sale price represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $2.24 to $2.20, inclusive. The Company can provide the full information regarding the number of shares sold at each separate price upon further request. |
| 2 | Common | Common Stock | 2022-08-21 | M | A | 15,599 | $0.00 | 684,567 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-08-21 | M | D | 15,599 | $0.00 | 77,997 | D | — · — to — | 15,599 Common Stock | (F3) The restricted stock units ("RSUs") were granted on March 8, 2022 in accordance with the terms of an Executive Employment Agreement entered into between the Reporting Person and the Company on January 21, 2022 (the "Effective Date"). (F4) The RSUs vest in twelve equal installments on the first twelve monthly anniversaries of the Effective Date, starting February 21, 2022, such that the RSUs will be fully vested as of January 21, 2023. The seventh installment of RSUs vested on August 21, 2022 and were delivered to the Reporting Person upon settlement. |