John Patrick Sullivan - 03 Jan 2022 Form 4 Insider Report for ISUN, INC. (ISUN)

Role
Chief Financial Officer
Signature
/s/ John Patrick Sullivan
Issuer symbol
ISUN
Transactions as of
03 Jan 2022
Transactions value $
$0
Form type
4
Filing time
26 Jan 2022, 15:54:28 UTC
Next filing
27 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISUN COMMON STOCK Award $0 +15.7K +61.04% $0.00 41.3K 04 Jan 2022 Direct F1
transaction ISUN COMMON STOCK Award $0 +16.7K +40.32% $0.00 58K 24 Jan 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISUN STOCK OPTION (Right to Buy) Award $0 +14K $0.00 14K 03 Jan 2022 COMMON STOCK 14K $1.49 Direct F3
transaction ISUN STOCK OPTION (Right to Buy) Award $0 +33.3K +238.1% $0.00 47.3K 24 Jan 2022 COMMON STOCK 33.3K $5.04 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 4, 2021, the reporting person was granted 57,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 4, 2021, January 3, 2022, and January 2, 2023.
F2 On January 24, 2022, the reporting person was granted 50,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 24, 2022, January 24, 2023, and January 24, 2024.
F3 On January 3, 2021, the reporting person was granted the option for the right to buy 42,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 3, 2021, January 3, 2022, and January 2, 2023.
F4 On January 24, 2022, the reporting person was granted the option for the right to buy 100,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 24, 2022, January 24, 2023, and January 24, 2024.