Maria Johnson - Jul 26, 2021 Form 3 Insider Report for 1847 Goedeker Inc. (POL)

Role: Chief Financial Officer
Signature: /s/ Maria Johnson
Stock symbol: POL
Transactions as of: Jul 26, 2021
Transactions value $: $0
Form type: 3
Date filed: 8/5/2021, 04:27 PM
Next filing: Dec 16, 2021

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	POL	Stock Option (right to buy)							Jul 26, 2021	Common Stock	150K	$3.10	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option vests with respect to 25% of the shares commencing on July 28, 2022 and on each of the first, second and third anniversaries thereof, respectively, subject to the reporting person's continuous service to the Company on each applicable vesting date; provided that, in the event of a change in control (as defined in the 1847 Goedeker Inc. 2020 Equity Incentive Plan), the option will vest in full.

Content

The option vests with respect to 25% of the shares commencing on July 28, 2022 and on each of the first, second and third anniversaries thereof, respectively, subject to the reporting person's continuous service to the Company on each applicable vesting date; provided that, in the event of a change in control (as defined in the 1847 Goedeker Inc. 2020 Equity Incentive Plan), the option will vest in full.