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Filing Details

Accession Number:: 0001209191-21-062748
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-03 17:11:19
Reporting Period:: 2021-11-01

Accepted Time:: 2021-11-03 17:11:19
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1777946	Ironnet Inc.	IRNT	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1659719	Brian Keith Alexander	C/O Ironnet, Inc., 7900 Tysons One Place Suite 400 Mclean VA 22102	Co-Ceo, President & Chairman	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-11-01	85,997	$11.98	11,261,127	No	4	S	Direct
Common Stock	Disposition	2021-11-01	4,003	$12.76	11,257,124	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Footnotes

These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 17, 2021. The Reporting Person is party to a lockup agreement with the issuer entered into in connection with the business combination between the issuer (formerly known as LGL Systems Acquisition Corp.) and IronNet Cybersecurity, Inc. pursuant to which the Reporting Person agreed not to sell securities of the issuer, subject to certain exceptions, for a period of 180 days following the closing date of the business combination, which was August 26, 2021. Under the terms of the lockup agreement, upon the effectiveness of the issuer's registration statement on Form S-1, which occurred on September 30, 2021, the lockup agreement expired with respect to an aggregate of 568,525 shares held by the Reporting Person.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $11.63 to $12.62, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.64 to $12.95, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.