Ross Levinsohn - 19 Jul 2023 Form 4 Insider Report for FaZe Holdings Inc.

Role
Director
Signature
/s/ Kyron Johnson, as Attorney-In-Fact_
Issuer symbol
N/A
Transactions as of
19 Jul 2023
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 16:26:41 UTC
Previous filing
31 Mar 2023
Next filing
14 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAZE Common Stock Award $0 +240,732 +74% $0.000000 565,065 19 Jul 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.