Moyer Brett's Form 4/A amendment
AmendedDatavault AI Inc. (DVLT) · filed Dec 23, 2021
- Accession no.
- 0001104659-21-153272
- Filed
- Dec 23, 2021
- Trade date
- Aug 16, 2021
- Filing delay
- 129 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Aug 18, 2021
This filing lists 2 non-derivative transactions. Open-market sales total $123.7K. It was filed 129 days after the trade.
This amendment replaces 0001104659-21-107382 (filed Aug 18, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Moyer BrettCIK 0001250881 | Director, Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2021 | Common Stock | SSaleDisposed | −12,072 | $3.21 | −$38,751.12 | 420,562 | Direct | |
| Aug 16, 2021 | Common Stock | SSaleDisposed | −27,505 | $3.09 | −$84,990.45 | 393,057 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents shares of common stock, par value $0.0001 per share, of the issuer (the "Common Stock") transferred pursuant to a currently effective qualified domestic relations order.
- F2
This amendment is being filed to correct the original footnote regarding the disposition of the shares ("Shares") of Common Stock, as reported in the original Form 4. Upon the vesting on August 15, 2021 of shares of Common Stock and restricted stock units held by the reporting person, the Shares were withheld to satisfy payment of the Issuer's tax withholding payment obligations which were later sold by the Issuer on behalf of all vested employees to cover tax obligations and were not a discretionary transaction by the reporting person.
Remarks
Chief Executive Officer, President and Chairman of the Board