Jonathon James Walton - Jun 7, 2024 Form 3 Insider Report for SPECTRAL CAPITAL Corp (FCCN)

Role: Director
Signature: /s/ Jonathon James Walton
Stock symbol: FCCN
Transactions as of: Jun 7, 2024
Transactions value $: $0
Form type: 3
Date filed: 7/19/2024, 12:38 PM

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	FCCN	Stock Options (right to buy)							Jun 7, 2024	Common Stock	6.25K	$0.43	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 12, 2024 ("Grant Date"), Spectral Capital Corporation (the "Company") granted Jonathon James Walton (the "Reporting Person") the ability to acquire three thousand one hundred twenty-five (3,125) options (the "Options") each month or an aggregate of seventy-five thousand (75,000) over 24 months. The Options vest monthly on their respective grant date and may be exercised in whole or in part into shares of Company's common stock $.0001 par value (the "Common Stock") at the price of $.43 per share for a period of ten (10) years from each Grant Date. The terms of the Options are set forth in the Option Agreement dated June 12, 2024, which is attached as an Exhibit to the Company's Form 8-K filed with the Securities and Exchange Commission on June 17, 2024. The amount reflected includes Options that may be acquired in 60 days from the date hereof.

Content

On June 12, 2024 ("Grant Date"), Spectral Capital Corporation (the "Company") granted Jonathon James Walton (the "Reporting Person") the ability to acquire three thousand one hundred twenty-five (3,125) options (the "Options") each month or an aggregate of seventy-five thousand (75,000) over 24 months. The Options vest monthly on their respective grant date and may be exercised in whole or in part into shares of Company's common stock $.0001 par value (the "Common Stock") at the price of $.43 per share for a period of ten (10) years from each Grant Date. The terms of the Options are set forth in the Option Agreement dated June 12, 2024, which is attached as an Exhibit to the Company's Form 8-K filed with the Securities and Exchange Commission on June 17, 2024. The amount reflected includes Options that may be acquired in 60 days from the date hereof.