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

Role: COO & President
Signature: /s/ Justin Maury
Stock symbol: VOCL
Transactions as of: Jun 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/3/2022, 09:46 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	+195K		$0.00	195K	Jun 1, 2022	Common Stock	195K		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.

Content

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.