AI assistant
DevvStream Corp. — Director's Dealing 2024
Nov 7, 2024
35271_dirs_2024-11-07_b008c6ff-fe13-4723-af33-4ee652ec1bc6.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DevvStream Corp. (FIAC)
CIK: 0001854480
Period of Report: 2024-11-06
Reporting Person: Trinh Sunny (Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-06 | Restricted Stock Unit | $ | A | 887017 | Acquired | Common Shares () | Direct | |
| 2024-11-06 | Restricted Stock Unit | $ | A | 39319 | Acquired | Common Shares () | Direct |
Footnotes
F1: Consists of securities acquired in connection with transactions consummated on November 6, 2024 pursuant to that certain Business Combination Agreement, dated September 12, 2023 (as it has been and may be amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement"), by and among DevvStream Corp. (f/k/a Focus Impact Acquisition Corp.) (the "Issuer"), Focus Impact Amalco Sub Ltd., a wholly owned subsidiary of the Issuer ("Amalco Sub"), and DevvStream Holdings Inc. ("DevvStream"), pursuant to which DevvStream and Amalco Sub amalgamated to form one corporate entity ("Amalco"), with Amalco as the surviving company and continuing as a wholly owned subsidiary of the Issuer (the "Business Combination").
F2: In connection with the closing of the Business Combination, each outstanding restricted stock unit of DevvStream was converted into restricted stock units of the Issuer based on an exchange ratio calculated at closing. Each restricted stock unit represents the right to receive, at settlement, one common share of the Issuer.
F3: Consists of restricted stock units granted on January 17, 2022 and March 14, 2022. 25% of the restricted stock units vested on January 17, 2023, July 17, 2023, January 17, 2024 and July 17, 2024, respectively.
F4: Consists of restricted stock units granted on June 6, 2024. 10% of the restricted stock units vest on the six month anniversary of the grant date and 15% of the restricted stock units vest every six months thereafter for a period of 36 months.