4//SEC Filing
Speach Aaron 4
Accession 0001683168-22-004812
CIK 0001829966other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:00 PM ET
Size
8.1 KB
Accession
0001683168-22-004812
Insider Transaction Report
Form 4
EBET, Inc.EBET
Speach Aaron
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-07-01−200,000→ 100,000 total→ Common Stock (200,000 underlying) - Exercise/Conversion
Common Stock
2022-07-01+200,000→ 700,000 total(indirect: See Foonote)
Footnotes (4)
- [F1]Issued on vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F2]200,000 shares of common stock are held by the reporting person and 500,000 shares of common stock are held by Aaron Speachless Entertainment LLC, of which the reporting person is the manager.
- [F3]The restricted stock units vested as follows: (i) 100,000 shares of common stock based on the Issuer reaching total gross revenues of $10,000,000 in any trailing 12 month period during the term of the employment agreement between the reporting person and the Issuer; and (ii) 100,000 shares of common stock based on the Issuer reaching total gross revenues of $20,000,000 in any trailing 12 month period during the term of the employment agreement between the reporting person and the Issuer.
- [F4]Issued in connection with the reporting person's employment with the Issuer.
Documents
Issuer
EBET, Inc.
CIK 0001829966
Entity typeother
Related Parties
1- filerCIK 0001855385
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 5:00 PM ET
- Size
- 8.1 KB