Michael Anthony Crawford - Jan 25, 2022 Form 4 Insider Report for Hall of Fame Resort & Entertainment Co (HOFV)

Signature
Tara Charnes, Attorney-in-Fact
Stock symbol
HOFV
Transactions as of
Jan 25, 2022
Transactions value $
-$118,740
Form type
4
Date filed
1/31/2022, 04:23 PM
Previous filing
Jan 11, 2022
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFV Common Stock Sale -$106K -90.5K -4.74% $1.17* 1.82M Jan 25, 2022 Direct F1, F2
transaction HOFV Common Stock Sale -$12.9K -12.1K -0.67% $1.06* 1.81M Jan 28, 2022 Direct F1, 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 $1.17 to $1.18, 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) 238,643 unvested RSUs that were granted on July 1, 2020 and vest on July 1, 2022; and (ii) 596,482 unvested RSUs that were granted on January 22, 2021 and vest in two equal installments on January 22, 2023 and January 22, 2024.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney