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

Signature
/s/ Richard Bush
Issuer symbol
N/A
Transactions as of
14 Feb 2023
Net transactions value
$0
Form type
3
Filing time
15 Feb 2023, 05:21:15 UTC

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 85,000 $3.30 Direct F1, F2
holding NYX Stock Options 14 Feb 2023 Common Stock 100,000 $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.