Joseph Passaic Jr. - 14 Feb 2023 Form 3 Insider Report for NYIAX, INC.

Role
Corporate Secretary
Signature
/s/ Joseph Passaic
Issuer symbol
N/A
Transactions as of
14 Feb 2023
Net transactions value
$0
Form type
3
Filing time
15 Feb 2023, 05:17:11 UTC
SEC
View on sec.gov

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 NYX Stock Options 14 Feb 2023 Common Stock 20,000 $5.00 Direct F1, F2
holding NYX Restricted Stock Units 14 Feb 2023 Common Stock 40,000 $0.000000 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 31, 2022, the Reporting Person was granted stock options to purchase 20,000 shares of common stock of the Issuer with all 20,000 immediately vested.
F2 These options are fully vested and exercisable.
F3 On May 31, 2022, the Reporting Person was awarded 40,000 restricted stock units ("RSUs") On May 31, 2022, the Reporting Person was awarded 40,000 restricted stock units ("RSUs") with 20,000 RSUs vesting on May 31, 2023 and 20,000 RSUs vesting on January 1,2024.
F4 20,000 RSUs vest on May 31, 2023 and 20,000 RSUs vest on January 1,2024.
F5 The RSUs do not expire; they either vest or are canceled prior to the vesting date.