Gary Herman - Aug 9, 2023 Form 3 Insider Report for LQR House Inc. (LQR)

Role
Director
Signature
/s/ Gary L. Herman
Stock symbol
LQR
Transactions as of
Aug 9, 2023
Transactions value $
$0
Form type
3
Date filed
8/30/2023, 09:28 AM
Next filing
Aug 14, 2023

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
holding LQR Restricted Stock Units Aug 9, 2023 Common Stock 50K See Explanation of Responses F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 08/09/2023 RSU Grant - Vesting Date: The RSUs vests in eight (8) equal quarterly installments commencing in the quarter following August 9, 2023, subject to the reporting person's continued service to LQR on each vesting date.
F2 RSU Expiration Date: This award has no expiration date. RSUs will either vest or be forfeited.
F3 RSU Exercise Price: There is no exercise price associated with the grant of RSUs. RSUs convert into common stock on a one-for-one basis upon vesting and settlement.
F4 Held in the name of 720 Advisors, LLC, for which Mr. Herman has decision making authority.