Chelsea Pullano - Jun 1, 2022 Form 4 Insider Report for Creatd, Inc. (VOCL)

Signature
/s/ Chelsea Pullano
Stock symbol
VOCL
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 09:45 PM
Previous filing
Apr 8, 2022
Next filing
Jun 7, 2022

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 VOCL Stock Options Award $0 +50K $0.00 50K Jun 1, 2022 Common Stock 50K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Options ("Tranche 1 Options") shall be issued with a 30-day VWAP for the 30-day period. Each restricted Option represents a contingent right to receive one share of the Company's common stock. The Option will be issued and shall vest subject only to continued employment with the Company with (i) 1/3 of the Tranche 1 Options vesting immediately upon the Company's shareholders' approval of the Creatd, Inc. 2022 Omnibus Securities and Incentive Plan, (ii) 1/3 of the Tranche 1 Options vesting on the first anniversary of the date hereof, and (iii) the final 1/3 of the Tranche 1 Options vesting on the second anniversary. The restricted stock units do not expire, they either vest or are canceled prior to vesting date.