Innoviz Technologies (INVZ) director reports shares, RSUs and warrants
Rhea-AI Filing Summary
Innoviz Technologies Ltd. director Sheridan James J. III filed an initial Form 3 reporting his ownership in the company. He reports direct ownership of 234,329 ordinary shares and indirect ownership of additional securities through Perception Capital Partners, LLC.
The filing notes 2,509,734 warrants held indirectly via Perception Capital Partners, LLC, each exercisable for one ordinary share at an exercise price of $11.50 per share, expiring on April 5, 2026. It also describes 82,400 ordinary shares held indirectly through the same entity.
A footnote explains that his holdings include 107,083 ordinary shares issuable upon vesting of restricted share units granted on May 13, 2025, which are scheduled to vest on April 5, 2026. Each RSU represents a contingent right to receive one ordinary share with no exercise price.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Includes 107,083 ordinary shares issuable upon vesting of restricted share units (RSUs) granted on May 13, 2025. The RSUs vest on April 5, 2026. Each RSU represents a contingent right to receive one ordinary share. No exercise price is applicable. Mr. Sheridan is a director appointed by Perception Capital Partners, LLC and may be deemed to be the beneficial owner of the securities held by Perception Capital Partners, LLC. Represents warrants to purchase ordinary shares held by Perception Capital Partners, LLC. The warrants are exercisable at $11.50 per share and expire on April 5, 2026.