Michael S. Levy - Dec 27, 2021 Form 4 Insider Report for Hall of Fame Resort & Entertainment Co (HOFV)

Signature
Jason Krom, Attorney-in-Fact
Stock symbol
HOFV
Transactions as of
Dec 27, 2021
Transactions value $
-$10,967
Form type
4
Date filed
12/29/2021, 07:34 PM
Previous filing
Jul 6, 2021
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFV Common Stock Sale -$11K -6.69K -2.53% $1.64* 258K Dec 27, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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) 55,742 unvested RSUs that were granted on September 22, 2020 and vest on July 1, 2022; and (ii) 105,263 unvested RSUs that were granted on January 22, 2021 and vest in one-third equal increments annually beginning on January 22, 2022.