Laurie Weisberg - Jun 3, 2022 Form 4 Insider Report for Creatd, Inc. (VOCL)

Signature
/s/ Laurie Weisberg
Stock symbol
VOCL
Transactions as of
Jun 3, 2022
Transactions value $
$0
Form type
4
Date filed
6/7/2022, 08:32 PM
Previous filing
Jun 3, 2022
Next filing
Dec 29, 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 3, 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 (the "Options") shall be issued on a basis requiring continued employment with the Company and the Company having achieved a minimum of $6 million in net revenues for the 2022 fiscal year. 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 (i) 1/3 of the Options, priced at $1.32, vesting on December 31, 2022, (ii) 1/3 of the Options, priced at $1.58, vesting on December 31, 2023, and (iii) the final 1/3 of the Options, priced at $1.90, vesting on December 31, 2024. The restricted stock units do not expire, they either vest or are canceled prior to vesting date.