M. Williams - 01 Feb 2022 Form 4 Insider Report for KIDOZ INC. (KDOZF)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ T. M. Williams
Issuer symbol
KDOZF
Transactions as of
01 Feb 2022
Transactions value $
$58,500
Form type
4
Filing time
11 Feb 2022, 20:46:43 UTC
Previous filing
11 Feb 2022
Next filing
18 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KDOZF Common Stock 16.5M 01 Feb 2022 Direct
holding KDOZF Common Stock 2.88M 01 Feb 2022 Discretionary Trust

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 KDOZF Employee Stock (Right to Buy) Award $58.5K +150K +42.86% $0.39 500K 01 Feb 2022 Common Stock 150K $0.39 Direct F1
holding KDOZF Employee Stock (Right to Buy) 500K 01 Feb 2022 Common Stock 25K $0.43 Direct F2
holding KDOZF Employee Stock (Right to Buy) 500K 01 Feb 2022 Common Stock 175K $0.42 Direct F3
holding KDOZF Employee Stock (Right to Buy) 500K 01 Feb 2022 Common Stock 50K $0.33 Direct F4
holding KDOZF Employee Stock (Right to Buy) 500K 01 Feb 2022 Common Stock 50K $0.39 Direct F5
holding KDOZF Employee Stock (Right to Buy) 500K 01 Feb 2022 Common Stock 50K $0.81 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. T. M. Williams was granted 150,000 stock options at CAD$0.50 (approximately US$0.39) on April 1, 2022. These options vest at 2% per month.
F2 Mr. T. M. Williams was granted 25,000 stock options at CAD$0.54 (approximately US$0.43) on November 8, 2017. These options vest immediately.
F3 Mr. T. M. Williams was granted 175,000 stock options at CAD$0.54 (approximately US$0.42) on June 4, 2018. These options vest immediately.
F4 Mr. T. M. Williams was granted 50,000 stock options at CAD$0.45 (approximately US$0.33) on June 30, 2020. These options vest 2.08% per month commencing June 30, 2021.
F5 Mr. T. M. Williams was granted 50,000 stock options at CAD$0.50 (approximately US$0.39) on February 1, 2021. These options vest 10% on grant date, 15% after one year and 2% per month thereafter.
F6 Mr. T. M. Williams was granted 50,000 stock options at CAD$1.02 (approximately US$0.813) on April 6, 2021. These options vest at 2% per month.