Janelle Anderson - Mar 11, 2022 Form 4 Insider Report for Fresh Vine Wine, Inc. (VINE)

Signature
/s/ Elliot Savoie, Attorney-in-Fact
Stock symbol
VINE
Transactions as of
Mar 11, 2022
Transactions value $
$0
Form type
4
Date filed
3/14/2022, 05:00 PM
Previous filing
Mar 3, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VINE Common Stock 81.7K Mar 11, 2022 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
transaction VINE Stock Option Award $0 +427K $0.00 427K Mar 11, 2022 Common Stock 427K $3.47 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted pursuant to an agreement dated March 11, 2022 between the Company and the Reporting Person. Options to acquire 427,001 shares will vest in three installments of 142,334 each on 9/11/2022 and 3/11/2023, and 142,333 on 3/11/2024. The grant was approved in accordance with Rule 16b-3(d) of the Securities Exchange Act of 1934 (the "1934 Act"), and in accordance with Rule 16b-3(a) of the 1934 Act is exempt from Section 16(b) of the 1934 Act.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on December 14, 2021 and incorporated herein by reference.