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MOVING iMAGE TECHNOLOGIES INC. — Director's Dealing 2023
Oct 18, 2023
35225_dirs_2023-10-18_7355798b-44f0-430e-845b-448bb345ec4d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MOVING iMAGE TECHNOLOGIES INC. (MITQ)
CIK: 0001770236
Period of Report: 2023-05-26
Reporting Person: STISKA JOHN (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-26 | Common Stock | A | 10000 | $1.10 | Acquired | 10000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-26 | Employee Stock Options (right to buy) | $3 | D | 50000 | Disposed | 2031-07-07 | Common Stock (0) | Direct |
| 2023-05-26 | Employee Stock Options (right to buy) | $1.10 | A | 50000 | Acquired | 2032-05-26 | Common Stock (50000) | Direct |
Footnotes
F1: Shares of common stock granted pursuant to Issuer's 2019 Omnibus Incentive Stock Plan (the "Plan"). Such shares represent a portion of Reporting Person's compensation as a director of Issuer.
F2: On May 26, 2023, the board of directors of Issuer cancelled these employee stock options (right to buy) ("Options") and granted new Options to the Reporting Person.
F3: Options granted July 7, 2021 were initially exercisable on July 7, 2022.
F4: Options granted pursuant to the Plan. Such Options constitute a portion of Reporting Person's compensation as a director of issuer and were fully vested upon grant.