Form 4 for ABX Abacus Global Management, Inc.
Accepted 2024-07-09 00:00:00 ET · period of report 2024-07-03 · accession 0001814287-24-000040 · 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 | 2024-07-09 | 2024-07-03 | ABX | McCauley William Hugh JR | CFO | M - OptEx | — | +50.0K | 50.0K | New | — |
| D | 2024-07-09 | 2024-07-03 | ABX | McCauley William Hugh JR | CFO | M - OptEx | $0.00 | -50.0K | 450.0K | -10% | $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 | 2024-07-03 | M | A | 50,000 | — | 50,000 | D | — | — | (F1) Restricted Stock Units convert into Common Stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Unit | 2024-07-03 | M | D | 50,000 | $0.00 | 450,000 | D | — · — to — | 50,000 Common Stock | (F2) On October 26, 2023, the Issuer awarded the Reporting Person 500,000 time-based Restricted Stock Units (RSUs), ten percent (10%) of which vested on Jul 3, 2024, and the remaining ninety percent (90%) of which will vest on July 3, 2026, subject to the terms and conditions of the Issuer 2023 Long-Term Equity Compensation Incentive Plan (the Plan) and the RSU award agreement. Upon vesting, each RSU shall be converted to an equivalent number of shares of Issuer common stock (or, at the option of the Issuer, its cash equivalent). |