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

Role: CT & PO
Signature: /s/ Sergey Tsoy
Stock symbol: NYX
Transactions as of: Feb 14, 2023
Transactions value $: $0
Form type: 3
Date filed: 2/15/2023, 07:12 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NYX	Common Stock, par value $0.0001 per share						50.1K	Feb 14, 2023	Direct

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	100K	$4.60	Direct	F1, F2
holding	NYX	Stock Options							Feb 14, 2023	Common Stock	50K	$5.50	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On May 1, 2017, the Reporting Person was issued stock options to purchase 100,000 shares of common stock of the Issuer with 100,000 options vesting in 1/36 equal increments per month starting from May 1, 2017.
F2	These options are fully vested and exercisable.
F3	On April 27, 2022, the Reporting Person was issued stock options to purchase 50,000 shares of common stock of the Issuer vesting (at a rate of 1/48 of the total award of 50,000 options) over a four-year period with twelve months vesting on November 1, 2022 and vesting continuing monthly thereafter, until the stock option award is fully vested.
F4	50,000 options vesting (at a rate of 1/48 of the total award of 50,000 options) over a four-year period with twelve months vesting on November 1, 2022 and vesting continuing monthly thereafter, until the stock option award is fully vested.