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

Role
Chief Architect of Technology
Signature
/s/ Vladislav Kuzemchik
Stock symbol
NYX
Transactions as of
Feb 14, 2023
Transactions value $
$0
Form type
3
Date filed
2/15/2023, 07:10 PM

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 25K $3.30 Direct F1, F2
holding NYX Stock Options Feb 14, 2023 Common Stock 5K $3.30 Direct F2, F3
holding NYX Stock Options Feb 14, 2023 Common Stock 20K $3.30 Direct F2, F4
holding NYX Stock Options Feb 14, 2023 Common Stock 5K $4.30 Direct F2, F5
holding NYX Stock Options Feb 14, 2023 Common Stock 25K $5.50 Direct F6, F7
holding NYX Stock Options Feb 14, 2023 Common Stock 1.5K $5.50 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 18, 2018, the Reporting Person was issued stock options to purchase 25,000 shares of common stock of the Issuer with 8,334 options vesting immediately as of October 18, 2018 and 16,666 options vesting in 1/24 equal increments per month from October 18, 2018.
F2 These options are fully vested and exercisable.
F3 On April 1, 2020, the Reporting Person was issued stock options to purchase 5,000 shares of common stock of the Issuer with all 5,000 options vesting as of June 1, 2020.
F4 On October 1, 2020, the Reporting Person was issued stock options to purchase 20,000 shares of common stock of the Issuer with 1,666 options vesting immediately as of October 1, 2020 and 18,333 options vesting in 1,666 options per month increments thereafter.
F5 On October 1, 2020, the Reporting Person was issued stock options to purchase 5,000 shares of common stock of the Issuer with 416.66 options vesting immediately as of October 1, 2020 and approximately 4,583 options vesting in 416.66 options per month increments thereafter.
F6 On April 27, 2022, the Reporting Person was issued stock options to purchase 25,000 shares of common stock of the Issuer vesting (at a rate of 1/48 of the total award of 25,000 options) over a four-year period with twelve months vesting on November 11, 2022 and vesting continuing monthly thereafter, until the stock option award is fully vested.
F7 The stock options vest (at a rate of 1/48 of the total award of 25,000 options) over a four-year period with twelve months vesting on November 11, 2022 and vesting continuing monthly thereafter, until fully vested.
F8 On April 27, 2022, the Reporting Person was issued stock options to purchase 1,500 shares of common stock of the Issuer vesting (at a rate of 1/48 of the total award of 1,500 options) over a four-year period with twelve months vesting on January 1, 2023 and vesting continuing monthly thereafter, until the stock option award is fully vested.
F9 The stock options vest (at a rate of 1/48 of the total award of 1,500 options) over a four-year period with twelve months vesting on January 1, 2023 and vesting continuing monthly thereafter, until fully vested.