Gerard F. Hug - 08 Jan 2025 Form 4 Insider Report for AiAdvertising, Inc. (AIAD)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Gerard F Hug
Issuer symbol
AIAD
Transactions as of
08 Jan 2025
Net transactions value
$0
Form type
4
Filing time
10 Jan 2025, 19:34:40 UTC
Previous filing
08 Feb 2022
SEC
View on sec.gov

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
transaction AIAD Stock Options (right to buy) Disposed to Issuer $0 -125,000,000 -100% $0.000000 0 08 Jan 2025 Common Stock 125,000,000 $0.001900 Direct F1, F2
transaction AIAD Stock Options (right to buy) Award $0 +125,000,000 $0.000000 125,000,000 08 Jan 2025 Common Stock 125,000,000 $0.001900 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involved an amendment of an outstanding option to extend the expiration date, resulting in the cancellation of the "old" option and the grant of a replacement option.
F2 These options were originally granted on January 17, 2020 and provided for vesting in 36 equal monthly installments beginning on February 17, 2020.
F3 These options became immediately exercisable on the date granted.