Daniel J. Machock - 04 Sep 2023 Form 4 Insider Report for Ispire Technology Inc. (ISPR)

Role: Chief Financial Officer
Signature: /s/ Daniel J. Machock
Issuer symbol: ISPR
Transactions as of: 04 Sep 2023
Transactions value $: $0
Form type: 4
Filing time: 06 Sep 2023, 21:21:39 UTC
Previous filing: 09 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISPR	Restricted Stock Units	Award		+40,000			40,000	04 Sep 2023	Direct	F1, 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	ISPR	Common Stock Options (Right to buy)	Award	$0	+200,000		$0	200,000	04 Sep 2023	Common Stock	200,000	$9.76	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	RSUs vest over three years as follows: 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant.
F2	Each restricted stock unit ("RSU") represents the right to receive one share of Common Stock upon vesting.
F3	Each option represents the right to purchase one share of Common Stock at the exercise price.
F4	Common Stock Options vest over four years as follows: 1/4 on the first anniversary of the date of grant with the remaining 3/4 vesting in equal installment of 2.083% each month thereafter.