Paul C. Tarell Jr. - 31 Mar 2022 Form 4 Insider Report for GAIA, INC (GAIA)

Role: CHIEF FINANCIAL OFFICER
Signature: /S/ Paul Tarell
Issuer symbol: GAIA
Transactions as of: 31 Mar 2022
Net transactions value: +$246,000
Form type: 4
Filing time: 04 Apr 2022, 10:15:51 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAIA	Class A Common Stock	Options Exercise	$246,000	+50,000	+49%	$4.92	152,802	31 Mar 2022	Direct	F1, F2

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
transaction	GAIA	Restricted Stock Unit	Options Exercise	$0	-50,000	-100%	$0.000000^*	0	01 Nov 2016	Class A Common Stock	50,000		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Includes 600 and 692 shares acquired pursuant to the Gaia employee stock purchase plan on June 30, 2021 and December 31, 2021, respectively.
F2	Includes 50,000 shares that Mr. Tarell voluntarily deferred into the 2020 Gaia Deferred Compensation Plan ("Plan"). These shares are subject to release upon the earliest date of the following events: a separation of service, termination of the Plan or on March 1, 2027.
F3	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4	The RSUs vest on March 31, 2022, subject to continued employment. Vested Class A Common Stock will be delivered to the reporting person within sixty days following the date on which the RSUs vest.