4//SEC Filing
Furukawa Tom 4
Accession 0001213900-21-047267
CIK 0001335112other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 8:30 PM ET
Size
9.7 KB
Accession
0001213900-21-047267
Insider Transaction Report
Form 4
LOGIQ, INC.LGIQ
Furukawa Tom
CHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2021-09-07+33,333→ 66,410 total - Exercise/Conversion
Restricted Stock Units
2021-09-07−33,333→ 166,667 total→ Common Stock (33,333 underlying) - Sale
Common Stock
2021-09-07$3.63/sh−13,488$48,961→ 52,922 total
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]This transaction was a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.72, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each 6 month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service.
Documents
Issuer
LOGIQ, INC.
CIK 0001335112
Entity typeother
Related Parties
1- filerCIK 0001774833
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 8:30 PM ET
- Size
- 9.7 KB