Form 4 for VIP Vulcan Infrastructure & Power Inc.
Accepted 2024-02-22 00:00:00 ET · period of report 2024-01-29 · accession 0001881363-24-000009 · 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 | 2024-02-22 | 2024-01-29 | VIP | Irwin Dale | Pres | M - OptEx | — | +77.2K | 77.2K | New | — |
| D | 2024-02-22 | 2024-01-29 | VIP | Irwin Dale | Pres | M - OptEx | — | -77.2K | 0 | -100% | — |
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 | 2024-01-29 | M | A | 77,245 | — | 77,245 | D | — | — | (F1) This Form 4 is being filed late due to an inadvertent administrative oversight and not any error of the Reporting Person. (F2) Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and would have automatically converted, without further action by the holder, on the date that was five years after the date the Class A Common Stock was first registered under Section 12(b) or 12(g) of the Exchange Act of 1934. On January 29, 2024, the Reporting Person elected to convert his shares of Class B Common Stock into shares of Class A Common Stock on a one for one basis in an exempt transaction with the Issuer. |
| 2 | Derivative | Class B Common Stock | 2024-01-29 | M | D | 77,245 | — | 0 | D | — · — to — | 77,245 Class A Common Stock | (F3) 772,444 shares of Class B Common Stock adjusted to reflect the Issuer's 10 to 1 reverse stock split in May 2023. (F2) Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and would have automatically converted, without further action by the holder, on the date that was five years after the date the Class A Common Stock was first registered under Section 12(b) or 12(g) of the Exchange Act of 1934. On January 29, 2024, the Reporting Person elected to convert his shares of Class B Common Stock into shares of Class A Common Stock on a one for one basis in an exempt transaction with the Issuer. |