Joseph Passaic - Feb 14, 2023 Form 3 Insider Report for NYIAX, INC. (NYX)

Signature
/s/ Joseph Passaic
Stock symbol
NYX
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
3
Date filed
2/15/2023, 05:17 AM

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 Feb 14, 2023 Common Stock 20K $5.00 Direct F1, F2
holding NYX Restricted Stock Units Feb 14, 2023 Common Stock 40K $0.00 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.