Invicta Media Investments, LLC - 09 Jun 2021 Form 4 Insider Report for iMedia Brands, Inc. (IMBI)

Role
10%+ Owner
Signature
/s/ Eyal Lalo, Manager
Issuer symbol
IMBI
Transactions as of
09 Jun 2021
Net transactions value
+$4,499,998
Form type
4
Filing time
11 Jun 2021, 19:34:15 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMBI Common Stock Award $4,499,998 +442,043 +32% $10.18* 1,832,437 09 Jun 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were granted to Invicta Media Investments, LLC in connection with a Confidential Vendor Exclusivity Agreement, dated June 9, 2021, between iMedia Brands, Inc. and Invicta Watch Company of America, Inc., the sole member of Invicta Media Investments, LLC. One-fifth of the RSUs will vest annually, beginning on June 9, 2021 and ending on June 9, 2025.