Sidney E. Rabsatt - Jan 7, 2025 Form 4 Insider Report for INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM)

Role: Director
Signature: /s/ Sidney Rabsatt
Stock symbol: IPM
Transactions as of: Jan 7, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/8/2025, 04:16 PM
Next filing: Mar 31, 2025
SEC: View on sec.gov

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	IPM	Stock Option (Right to Buy)	Award	$0	+15K		$0.00	15K	Jan 7, 2025	Common Stock	15K	$2.01	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The stock option was granted pursuant to a stock option agreement dated January 7, 2025, by and between the reporting person and Intelligent Protection Management Corp. f/k/a Paltalk, Inc. (the "Issuer"). The shares underlying this stock option will vest and become exercisable in four equal quarterly installments on the last day of each calendar quarter in 2025, as long as the reporting person is providing services to the Issuer on such dates; provided, that upon the effective date of a "change in control" (as defined in the Intelligent Protection Management Corp. 2016 Long-Term Incentive Plan), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.

Content

The stock option was granted pursuant to a stock option agreement dated January 7, 2025, by and between the reporting person and Intelligent Protection Management Corp. f/k/a Paltalk, Inc. (the "Issuer"). The shares underlying this stock option will vest and become exercisable in four equal quarterly installments on the last day of each calendar quarter in 2025, as long as the reporting person is providing services to the Issuer on such dates; provided, that upon the effective date of a "change in control" (as defined in the Intelligent Protection Management Corp. 2016 Long-Term Incentive Plan), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.