Form 4 for FIRY Firy Inc.
Accepted 2023-08-10 00:00:00 ET · period of report 2023-08-08 · accession 0001801661-23-000036 · 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 | 2023-08-10 | 2023-08-08 | FIRY | Roswig Jason | Pres, CFO | M - OptEx | $0.00 | +130.2K | 130.2K | New | $0 |
| D | 2023-08-10 | 2023-08-09 | FIRY | Roswig Jason | Pres, CFO | S - Sale+OE | $10.03 | -44.9K | 85.3K | -34% | -$450.1K |
| D | 2023-08-10 | 2023-08-08 | FIRY | Roswig Jason | Pres, CFO | M - OptEx | $0.00 | -130.2K | 390.5K | -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 | Class A common stock | 2023-08-08 | M | A | 130,151 | $0.00 | 130,151 | D | — | — | (F1) The restricted stock units vested and settled in Class A common stock of the Company on August 8, 2023. |
| 2 | Common | Class A common stock | 2023-08-09 | S | D | 44,872 | $10.03 | 85,279 | D | — | — | (F2) Represents securities sold on the open market to satisfy tax obligations owed by the Reporting Person in connection with the vesting of restricted stock units. |
| 3 | Derivative | Restricted Stock Units | 2023-08-08 | M | D | 130,151 | $0.00 | 390,456 | D | — · — to — | 130,151 Restricted Stock Units | (F4) On June 23, 2023 (the "Effective Date"), the Class A common stock of the Issuer underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split). (F5) The grant of restricted stock units was previously reported as covering 2,603,039 shares (prior to the Reverse Stock Split, which is equal to 130,151 shares post Reverse Stock Split). (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) 130,151 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Roswig and the remainder will vest in substantially equal quarterly installments thereafter over the next three years. |