Williams Bill T bought BNAI
March 14, 2024 · Form 4 insider transaction
Williams Bill T bought 270,100 shares of Brand Engagement Network, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
On October 26, 2023, Brand Engagement Network Inc., a Wyoming corporation and the predecessor company (the "Predecessor") to Brand Engagement Network Inc., a Delaware corporation (the "Company") provided the Reporting Person with an award of 1,000,000 stock options pursuant to the Predecessor's 2021 Incentive Stock Option Plan. Pursuant to the Predecessor's business combination with DHC Acquisition Corp., a former Cayman Islands corporation ("DHC"), as reported on Form S-4 filed by DHC with the Securities and Exchange Commission on October 17, 2023 and most recently amended on February 12, 2024 (File No. 333-275058), existing options of the Predecessor were assumed by the Company as the entity surviving the merger. Shares reported herein are shares of the Company on an as-converted basis.; Options reported herein vest in a series of thirty-six (36) successive equal monthly installments beginning on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Company as of such date.