John Michael Krohn, an insider of SPOTLIGHT INNOVATION, INC., recently acquired 75,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on September 08, 2017. Krohn now owns 1,510,219 shares of the company. Krohn operates out of Urbandale, IA. Some additional info was provided as follows:
The restricted shares of common stock were issued pursuant to the terms of the Reporting Person's Employment Agreement. This equity award shall be governed by the terms and conditions of the Company's 2016 Equity Incentive Plan and the applicable award agreement.
Includes 80,000 shares of common stock held in the name of Jordan Krohn. The Reporting Person holds voting and dispositive power over the
securities held by such individual.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
SPOTLIGHT INNOVATION, INC. insider just picked up 31,250 shares - Sept. 11, 2017