Douglas T. Moore - Apr 30, 2024 Form 4 Insider Report for CleanCore Solutions, Inc. (ZONE)

Role
Chief Executive Officer, Director
Signature
/s/ Douglas T. Moore
Stock symbol
ZONE
Transactions as of
Apr 30, 2024
Transactions value $
$0
Form type
4
Date filed
5/2/2024, 05:30 PM
Previous filing
Apr 25, 2024
Next filing
Jul 11, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZONE Class B Common Stock Award $0 +87.5K $0.00 87.5K Apr 30, 2024 Direct F1

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 ZONE Restricted Stock Unit Award $0 +1.21M $0.00 1.21M Apr 30, 2024 Class B Common Stock 1.21M $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 30, 2024, the Reporting Person was granted a restricted stock unit under the Issuer's 2022 Equity Incentive Plan for up to 1,300,000 shares of class B common stock, as partial compensation for the Reporting Persons' services as Chief Executive Officer of the Issuer. A total of 87,500 shares of class B common stock underlying the restricted stock unit vested immediately and were issued on the date of grant, with an additional 37,500 shares of class B common stock underlying the restricted stock unit vesting quarterly, beginning on the first quarter following the grant date (June 1, 2024), for the next eight seven quarters. As of the date of this filing, the Reporting Person had voting and control power over 87,500 shares of class B common stock. The remainder of the restricted stock unit will vest in accordance if the Reporting Person meets certain performance-based objectives related to the Issuer.