4//SEC Filing
Cox Kevin Brian 4
Accession 0001493152-24-017718
CIK 0001392694other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:30 PM ET
Size
6.4 KB
Accession
0001493152-24-017718
Insider Transaction Report
Form 4
SurgePays, Inc.SURG
Cox Kevin Brian
DirectorCEO and Chairman of Board
Transactions
- Award
Restricted Shares (Common Stock)
2024-05-01+83,334→ 5,537,094 total
Footnotes (3)
- [F1]Each year of the Initial Term or any Renewal Term thereafter for a minimum of five (5) years, the Company shall grant Executive 500,000 (Five Hundred Thousand) Restricted Shares ("RSAs" and each grant, an "RSA Grant") pursuant to the SurgePays, Inc. 2022 Omnibus Securities and Incentive Plan (the "Plan"). The RSA Grants shall be fully vested on each grant date, in each case subject to Executive's continued employment with the Company through the applicable grant date. Pursuant to this Section 3.03, the Company shall make the following RSA Grants to Executive: 83,334 RSAs on July 1, 2024, 83,334 RSAs on August 1, 2024, 83,333 RSAs on September 1, 2024, 83,333 RSAs on October 1, 2024, 83,333 RSAs on November 1, 2024, 83,333 RSAs on December 1, 2024, 500,000 RSAs on June 1, 2025, 500,000 RSAs on June 1, 2026, 500,000 RSAs on June 1, 2027, 500,000 RSAs on June 1, 2028.
- [F2]In connection with the vesting schedule above, the vesting due July 1, 2024, is within sixty days of today's date and is thereby considered to be beneficially owned.
- [F3]Includes (i) 4,569,384 shares owned by BLC Family Investments, (ii) 561,758 shares owned by SMDMM, LLC, a Tennessee liability company and (iii) 270,745 shares owned by BC Family Holdings. Mr. Cox is a beneficial owner of all three entities.
Documents
Issuer
SurgePays, Inc.
CIK 0001392694
Entity typeother
Related Parties
1- filerCIK 0001784994
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:30 PM ET
- Size
- 6.4 KB