William E. Welch - 02 Jun 2022 Form 4 Insider Report for IronNet, Inc.

Role: Co-CEO & Director, Director
Signature: /s/ Brian F. Leaf, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 02 Jun 2022
Net transactions value: -$87,740
Form type: 4
Filing time: 03 Jun 2022, 16:01:02 UTC
Previous filing: 10 May 2022
Next filing: 06 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRNT	Common Stock	Sale	$87,740	-28,487	-0.39%	$3.08^*	7,264,991	02 Jun 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected to satisfy tax withholding obligations in connection with the settlement of restricted stock units as part of a "sell to cover" transaction and do not represent discretionary trades by the reporting person.
F2	On April 6, 2022, the reporting person filed a Form 4 that incorrectly reported 8,922,663 shares beneficially owned following the transaction reported on that form. The correct number should have been 7,322,732 shares. On May 10, 2022, the reporting person filed a Form 4 that incorrectly reported 8,893,409 shares beneficially owned following the transaction reported on that form. The correct number should have been 7,293,478 shares.

Content

The sales reported on this Form 4 were effected to satisfy tax withholding obligations in connection with the settlement of restricted stock units as part of a "sell to cover" transaction and do not represent discretionary trades by the reporting person.

On April 6, 2022, the reporting person filed a Form 4 that incorrectly reported 8,922,663 shares beneficially owned following the transaction reported on that form. The correct number should have been 7,322,732 shares. On May 10, 2022, the reporting person filed a Form 4 that incorrectly reported 8,893,409 shares beneficially owned following the transaction reported on that form. The correct number should have been 7,293,478 shares.