Kyle Cerminara - 18 May 2024 Form 4 Insider Report for Strong Global Entertainment, Inc. (SGE)

Role
Director
Signature
/s/ D. Kyle Cerminara
Issuer symbol
SGE
Transactions as of
18 May 2024
Transactions value $
$0
Form type
4
Filing time
21 May 2024, 21:56:41 UTC
Previous filing
01 Mar 2024
Next filing
02 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGE Class A Common Voting Shares Award +6,250 +20.83% 36,250 18 May 2024 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 SGE Restricted Stock Unit Options Exercise $0 -6,250 -100% $0* 0 18 May 2024 Class A Common Voting Shares 6,250 Direct F1, F2
transaction SGE Restricted Stock Unit Award $0 +16,666 $0 16,666 21 May 2024 Class A Common Voting Shares 16,666 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the 2023 Share Compensation Plan of Strong Global Entertainment, Inc. (the "Issuer"). Each RSU represents the right to receive, following vesting, one Class A Common Voting Share of the Issuer.
F2 These RSUs were granted on May 18, 2023, the completion of the Issuer's initial public offering, with a value of $25,000 and $4.00 per RSU (the price per Class A Common Voting Share), and vested on the first anniversary of the grant date.
F3 These RSUs were granted on May 21, 2024, with a value of $25,000 and $1.50 per RSU (the price per Class A Common Voting Share), and will vest on the first anniversary of the grant date.