4//SEC Filing
Johnshoy Sheila 4
Accession 0001213900-23-030677
CIK 0001872525other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 4:30 PM ET
Size
7.4 KB
Accession
0001213900-23-030677
Insider Transaction Report
Form 4
Johnshoy Sheila
Chief Operating Officer
Transactions
- Award
Common Stock
2023-04-14+5,000→ 10,000 total - Award
Employee Stock Option (right to buy)
2023-04-14+5,000→ 10,000 totalExercise: $1.60From: 2023-04-14Exp: 2032-03-10→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]On March 11, 2022, the reporting person was granted 5,000 shares of common stock and an option to purchase 40,000 shares for $1.60 per share, 5,000 of which vested and became exercisable immediately. Both the common stock and stock option were subject to a separate restriction on transfer which lapsed on September 11, 2022. The remaining 35,000 shares of common stock under the stock option vest subject to the issuer's attainment of certain performance-based conditions. On April 14, 2023, the Compensation Committee of the issuer determined that the performance-based conditions had been met for the vesting of the option as to 5,000 shares.
Documents
Issuer
Stran & Company, Inc.
CIK 0001872525
Entity typeother
Related Parties
1- filerCIK 0001912007
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 4:30 PM ET
- Size
- 7.4 KB