Ross Levinsohn - Jul 19, 2023 Form 4 Insider Report for FaZe Holdings Inc. (FAZE)

Role
Director
Signature
/s/ Kyron Johnson, as Attorney-In-Fact_
Stock symbol
FAZE
Transactions as of
Jul 19, 2023
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 04:26 PM
Previous filing
Mar 31, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAZE Common Stock Award $0 +241K +74.22% $0.00 565K Jul 19, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock that vests in three equal annual installments on each of the first three anniversaries of July 19, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. This late filing is due to an inadvertent administrative error and not any error of the reporting person.
F2 Includes (i) 300,000 shares of FaZe Common Stock acquired from the sponsor through distributions of securities by the sponsor, of which 143,500 shares are sponsor earn-out shares, and (ii) 4,333 shares of FaZe Common Stock underlying 4,333 FaZe Warrants, and (iii) 6,666 shares of FaZe Common Stock held directly by Mr. Levinsohn.