Form 4 for NEOV NeoVolta Inc.
Accepted 2023-01-04 00:00:00 ET · period of report 2023-01-01 · accession 0001683168-23-000033 · 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 | 2023-01-04 | 2023-01-01 | NEOV | Bond Steve | CFO, Dir | M - OptEx | — | +250.0K | 750.0K | +50% | — |
| D | 2023-01-04 | 2023-01-01 | NEOV | Bond Steve | CFO, Dir | M - OptEx | — | -250.0K | 50.0K | -83% | — |
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 | 2023-01-01 | M | A | 250,000 | — | 750,000 | D | — | — | (F1) Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Units | 2023-01-01 | M | D | 250,000 | — | 50,000 | D | — · — to — | 250,000 Common Stock | (F1) Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis. (F2) The reporting person was granted 300,000 restricted stock units (RSUs), vesting as follows: (i) 250,000 of the RSUs vested on January 1, 2023; and (ii) 50,000 RSUs shall vest on the occurrence of both of the following events: (A) the filing of the Company's Form 10-K for the year ended June 30, 2023 no later than September 29, 2023; and (B) the earliest of (1) a change in control or (2) the termination of the reporting person's employment by the Company without cause (as defined in the employment agreement between the Company and reporting person) or (3) the death of reporting person, or (4) January 1, 2024, provided the reporting person is serving as an employee of the Company on such date. |