Form 4 for CHRN ChronoScale Holdings Corp
Accepted 2022-10-26 00:00:00 ET · period of report 2022-10-21 · accession 0001549084-22-000060 · 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 | 2022-10-26 | 2022-10-21 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | +15.6K | 704.2K | +2% | $0 |
| D | 2022-10-26 | 2022-10-24 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | S - Sale+OE | $1.29 | -5,921 | 698.2K | -0.8% | -$7,638 |
| D | 2022-10-26 | 2022-10-21 | CHRN | SHERMAN STEVEN | CEO, COB, Dir | M - OptEx | $0.00 | -15.6K | 46.8K | -25% | $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 | 2022-10-21 | M | A | 15,600 | $0.00 | 704,151 | D | — | — | |
| 2 | Common | Common Stock | 2022-10-24 | S | D | 5,921 | $1.29 | 698,230 | D | — | — | (F1) Represents shares sold by the Reporting Person on October 24, 2022 to cover tax withholding obligations incurred upon the vesting and settlement of the ninth installment of a restricted stock award originally reported by the Reporting Person in Form 4 filed with the Commission on March 10, 2022 (F2) These shares were sold in a single transaction at a price of $1.2868 per share. |
| 3 | Derivative | Restricted Stock Units | 2022-10-21 | M | D | 15,600 | $0.00 | 46,798 | D | — · — to — | 15,600 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 ninth installment of RSUs vested on October 21, 2022 and were delivered to the Reporting Person upon settlement. |