Form 4 for FIRY Firy Inc.
Accepted 2024-09-06 00:00:00 ET · period of report 2024-09-04 · accession 0001801661-24-000109 · 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 | 2024-09-06 | 2024-09-04 | FIRY | Schorr Seth | Dir | M - OptEx | $0.00 | +3,116 | 12.5K | +33% | $0 |
| D | 2024-09-06 | 2024-09-04 | FIRY | Schorr Seth | Dir | M - OptEx | $0.00 | -3,116 | 6,235 | -33% | $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 | 2024-09-04 | M | A | 3,116 | $0.00 | 12,467 | D | — | — | (F1) The restricted stock units vested and settled in Class A common stock of the Company on September 4, 2024. |
| 2 | Derivative | Restricted Stock Units | 2024-09-04 | M | D | 3,116 | $0.00 | 6,235 | D | — · — to — | 3,116 Class A common stock | (F3) On June 23, 2023 (the "Effective Date"), the Class A common stock of the Company 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). The grant of restricted stock units was previously reported as covering 231,945 shares (prior to the Reverse Stock Split, which is equal to 11,597 shares post Reverse Stock Split). Following the reported transactions, 6,235 shares remained unvested (as adjusted for the Company's Reverse Stock Split). (F2) Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock. (F4) 3,116 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Schorr and the remainder will vest in substantially equal annual installments thereafter over the next two years. |