Ted Rouhani - 04 Sep 2023 Form 4 Insider Report for Ispire Technology Inc. (ISPR)

Signature
/s/ Ted Rouhani
Issuer symbol
ISPR
Transactions as of
04 Sep 2023
Transactions value $
$0
Form type
4
Filing time
06 Sep 2023, 21:25:26 UTC
Previous filing
05 Apr 2023
Next filing
29 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISPR Restricted Stock Units Award +84,837 84,837 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 +300,000 $0 300,000 04 Sep 2023 Common Stock 300,000 $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.