Peter Jameson - Jan 10, 2022 Form 3 Insider Report for Vuzix Corp (VUZI)

Signature
/s/ Peter Jameson
Stock symbol
VUZI
Transactions as of
Jan 10, 2022
Transactions value $
$0
Form type
3
Date filed
1/19/2022, 02:56 PM
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VUZI Common Stock 0 Jan 10, 2022 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
holding VUZI Stock Options (right to buy) Jan 10, 2022 Common Stock 150K $18.94 Direct F1
holding VUZI Stock Options (right to buy) Jan 10, 2022 Common Stock 270K $19.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted on March 17, 2021 and will vest over four years. One-quarter of the options will vest one year from date of grant and the remainder will vest monthly over the following three years.
F2 The options were granted on March 17, 2021 and will vest solely upon achievement of certain market capitalization and operating results goals and not simply the passage of time. None of the options have vested to date.