DOUGLAS CROXALL - 12 Jan 2020 Form 4 Insider Report for Crown Electrokinetics Corp. (CRKN)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Douglas Croxall
Issuer symbol: CRKN
Transactions as of: 12 Jan 2020
Transactions value $: -$900,000
Form type: 4
Filing time: 31 Mar 2023, 16:10:23 UTC
Next filing: 17 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRKN	Common Stock	Disposed to Issuer	$0	-238,095	-7.8%	$0	2,829,448	12 Jan 2020	See Footnote	F1, F2, F3
transaction	CRKN	Common Stock	Sale	-$900,000	-1,000,000	-35%	$0.9	1,829,448	10 Nov 2021	See Footnote	F2, F3

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	CRKN	Restricted Stock Units	Award	$0	+150,000		$0	150,000	23 Sep 2022	Common Stock	150,000		See Footnote	F2, F3, F4, F5
transaction	CRKN	Options to Purchase Common Stock	Award	$0	+150,000	+4.7%	$0	3,365,672	23 Sep 2022	Common Stock	150,000	$0.34	See Footnote	F2, F3, F5

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

Explanation of Responses:

Id	Content
F1	Reflects the forfeiture of certain incentive compensation for no consideration.
F2	Share amount reflects 3-for-1 reverse stock split effected January 25, 2021.
F3	Held through Croxall Family Revocable Trust dated February 20, 2004.
F4	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F5	Subject to the Reporting Person remaining in continuous service with the Issuer through each applicable vesting date, 4,166 of the restricted stock units will vest monthly for a period of 36 months, beginning September 23, 2022.