Form 4 for LITS Lite Strategy, Inc.
Accepted 2022-07-07 00:00:00 ET · period of report 2022-07-05 · accession 0001567619-22-013787 · 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 | 2022-07-07 | 2022-07-05 | LITS | GHALIE RICHARD G | Chief Medical Off | F - Tax | $0.54 | -8,196 | 28.9K | -22% | -$4,426 |
| D | 2022-07-07 | 2022-07-05 | LITS | GHALIE RICHARD G | Chief Medical Off | A - Grant | $0.00 | +560.0K | 560.0K | New | $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 | 2022-07-05 | F | D | 8,196 | $0.54 | 28,927 | D | — | — | (F1) Represents the number of shares withheld by and surrendered to the Issuer on July 5, 2022, to satisfy tax withholding obligations that arose in connection with the delivery of shares underlying restricted stock units. |
| 2 | Derivative | Stock Option (Right to Buy) | 2022-07-05 | A | A | 560,000 | $0.00 | 560,000 | D | $0.54 · — to 2032-07-05 | 560,000 Common Stock | (F2) One-quarter of such options shall vest on July 5, 2023 and the remaining three-quarters of such options shall vest monthly over a three-year period beginning on July 5, 2023. |