4//SEC Filing
Edelman Matthew Evan 4
Accession 0001415889-24-008902
CIK 0001621672other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 9:58 PM ET
Size
11.5 KB
Accession
0001415889-24-008902
Insider Transaction Report
Form 4
Edelman Matthew Evan
DirectorCEO & President
Transactions
- Award
Common Stock
2024-03-19+160,798→ 167,374 total - Award
Stock Option (Right to Buy)
2024-03-19+321,596→ 321,596 totalExercise: $1.85Exp: 2034-03-19→ Common Stock (321,596 underlying) - Award
Performance Stock Units
2024-03-19+160,798→ 160,798 total→ Common Stock (160,798 underlying)
Holdings
- 625(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Represents grant of restricted stock units ("RSUs"). The RSUs will vest in three equal annual installments beginning on March 19, 2025. Vesting of the RSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
- [F2]The stock options ("Options") shall vest 1/36th per month in arrears from the date of the grant. Vesting of the Options is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
- [F3]Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- [F4]The PSUs shall vest 1/3rd upon the occurrence of each of (A) the achievement of each of a profitable fiscal quarter, on a net income basis; (B) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2024; and (C) the achievement of 85% of EBITDA target for the fiscal year ended December 31, 2025 (with such target to be approved by the board of directors). Vesting of the PSUs is contingent upon the Issuer receiving approval of the Issuer's 2024 Equity Incentive Plan from its stockholders at the Issuer's 2024 annual meeting of stockholders, and will be subject to cancellation in the event stockholder approval is not obtained.
Documents
Issuer
Super League Enterprise, Inc.
CIK 0001621672
Entity typeother
Related Parties
1- filerCIK 0001768749
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 9:58 PM ET
- Size
- 11.5 KB