Hyonmyong Cho - Nov 1, 2021 Form 4 Insider Report for DESTINY MEDIA TECHNOLOGIES INC (DSNY)

Role
Director
Signature
/s/Hyonmyong Cho
Stock symbol
DSNY
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/1/2021, 09:41 PM
Previous filing
Aug 9, 2021
Next filing
Oct 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DSNY COMMON STOCK 362K Nov 1, 2021 Greenlaw International LP F1, F2, F3
holding DSNY COMMON STOCK 143K Nov 1, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DSNY STOCK OPTION (RIGHT TO BUY) Award $0 +40K +88.89% $0.00 85K Nov 1, 2021 COMMON 40K $1.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of Mr. Cho's ownership in Greenlaw International LP, a Delaware limited partnership (the "Fund"), and his ownership in Greenlaw International GP LLC, a Delaware limited liability company and the general partner of the Fund which has the right to receive an allocation of a portion of the profits of the Fund, Mr. Cho may be deemed to have a partial indirect pecuniary interest in the shares of Common Stock of Destiny Media Technologies Inc. directly held by the Fund (the "Indirect Shares").
F2 Mr. Cho disclaims beneficial ownership of the Indirect Shares except to the extent of his pecuniary interest therein.
F3 This report shall not be deemed as an admission that Mr. Cho is a beneficial owner of the Indirect Shares for purposes of Section 16 or any other purpose.
F4 The Stock Options vest in quarterly installments over a two-year period beginning November 30, 2021