Gurvinder Singh - 20 Sep 2023 Form 4 Insider Report for Bright Green Corp (BGXX)

Role
Chief Executive Officer
Signature
/s/ Gurvinder Singh
Issuer symbol
BGXX
Transactions as of
20 Sep 2023
Transactions value $
$0
Form type
4
Filing time
06 Oct 2023, 18:10:20 UTC
Next filing
06 Oct 2023
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 BGXX Restricted Stock Unit Award $0 +625K $0.00 625K 20 Sep 2023 Common Stock 625K Direct F1, F2
transaction BGXX Employee Stock Option(right to buy) Award $0 +625K $0.00 625K 20 Sep 2023 Common Stock 625K $0.39 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share.
F2 Represents restricted stock units granted under the Registrants 2022 Omnibus Equity Incentive Plan, which vest in thirty equal monthly installments beginning April 1, 2024.
F3 Represents options to purchase shares of common stock granted under the Registrant's 2022 Omnibus Equity Incentive Plan, which vest in thirty equal monthly installments beginning April 1, 2024.