| | | | |
CUSIP No. 45580R103 | | 13D | | Page 32 of 52 pages |
Item 5. | Interest in Securities of the Issuer. |
(a)–(b) The cover pages and Schedule I attached hereto sets forth, as of the date of this Schedule 13D, the aggregate number of shares of Common Stock and percentage of Common Stock beneficially owned by each of the Reporting Persons, based on 10,186,143 shares of Common Stock outstanding as of May 6, 2022, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022.
Individuals serving as trustee of a trust listed on Schedule I with no more than two trustees may be deemed to share beneficial ownership of the shares held directly by the trusts. Individuals listed on Schedule I may be deemed to share beneficial ownership of the shares beneficially held by his or her spouse and child sharing the same household as the individual. Susan R. Cullman and John J. Ernst serve as managing members of B. Bros. Realty LLC, and as such, may be deemed to share beneficial ownership over the shares held directly by B. Bros. Realty LLC.
The aggregate amount of shares beneficially owned by Edgar M. Cullman, Jr., Frederick M. Danziger, David M. Danziger and Michael S. Gamzon include 7,024, 1,067, 1,381 and 56,216 shares of Common Stock underlying stock options that are currently exercisable, respectively.
(c) During the past 60 days, Edgar M. Cullman, Jr. gifted 35 shares of Common Stock.
(d) To the best knowledge of the Reporting Persons, no one other than the Reporting Persons, or the partners, members, affiliates or shareholders of the Reporting Persons, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock reported herein as beneficially owned by the Reporting Persons.
(e) Not applicable.
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
None of the Reporting Persons or Related Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
Item 7. | Materials to be Filed as Exhibits. |
| | |
Exhibit Number | | Description |
| |
1 | | Joint Filing Agreement, by and among the Reporting Persons. |