Jeffrey Peck - Jan 3, 2022 Form 4 Insider Report for ISUN, INC. (ISUN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jeffrey Peck
Stock symbol
ISUN
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 03:54 PM
Next filing
Sep 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISUN COMMON STOCK Award $0 +27.3K +2.01% $0.00 1.39M Jan 4, 2022 Direct F1, F2
transaction ISUN COMMON STOCK Award $0 +16.7K +1.2% $0.00 1.41M Jan 24, 2022 Direct F2, F3

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 ISUN STOCK OPTION (Right to Buy) Award $0 +43.3K $0.00 43.3K Jan 3, 2022 COMMON STOCK 43.3K $1.49 Direct F4
transaction ISUN STOCK OPTION (Right to Buy) Award $0 +33.3K +76.92% $0.00 76.7K Jan 24, 2022 COMMON STOCK 33.3K $5.04 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 4, 2021, the reporting person was granted 82,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 4, 2021, January 3, 2022, and January 2, 2023.
F2 Does not include an aggregate of 3,009,004 shares of Common Stock subject to a Voting Agreement dated June 20, 2019, under which the reporting person has the power to direct the voting of such shares of Common Stock.
F3 On January 24, 2022, the reporting person was granted 50,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The grant vests in three equal installments on January 24, 2022, January 24, 2023, and January 24, 2024.
F4 On January 3, 2021, the reporting person was granted the option for the right to buy 130,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 3, 2021, January 3, 2022, and January 2, 2023.
F5 On January 24, 2022, the reporting person was granted the option for the right to buy 100,000 shares of Common Stock under the Issuer's 2020 Equity Incentive Plan, as amended. The option vests in three equal installments which become exercisable on January 24, 2022, January 24, 2023, and January 24, 2024.