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

Role
Chief of Staff
Signature
/s/ Richard Bush
Stock symbol
NYX
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
3
Date filed
2/15/2023, 05:21 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 85K $3.30 Direct F1, F2
holding NYX Stock Options Feb 14, 2023 Common Stock 100K $5.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 2, 2016 the Reporting Person was issued incentive stock options to purchase 85,000 shares of common stock of the Issuer with 28,334 options vesting immediately as of October 2, 2017 and 56,666 options vesting in 1/24 equal increments per month starting from October 2, 2017.
F2 These options are fully vested and exercisable.
F3 On January 1, 2018 the Reporting Person was issued incentive stock options to purchase 100,000 shares of common stock of the Issuer with 333,33 options vesting on January 1, 2019 and 66,667 options vesting at a rate of 2,778 options per month thereafter.