| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOFV | Common Stock | Sale | -$27.4K | -16.7K | -3.83% | $1.64* | 419K | Dec 27, 2021 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | This sale was made by the reporting person to cover tax liabilities pursuant to Hall of Fame Resort & Entertainment Company's (the "Company") mandatory sell-to-cover policy in connection with the vesting and settlement of restricted stock units ("RSUs") and does not represent a discretionary transaction by the reporting person. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.605 to $1.6627, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4. |
| F3 | Includes: (i) 92,903 unvested RSUs that were granted on September 22, 2020 and would vest on July 1, 2022; and (ii) 175,789 unvested RSUs that were granted on January 22, 2021 and would vest in one-third equal increments annually beginning on January 22, 2022; in each case, provided that the reporting person is employed continuously by the Company through such dates. As previously disclosed by the Company, on December 14, 2021, the reporting person notified the Company of his resignation from the office of chief financial officer of the Company to pursue other interests effective January 3, 2022. |