Nechio & Novak, LLC - Jul 20, 2022 Form 4 Insider Report for Fresh Vine Wine, Inc. (VINE)

Role
10%+ Owner
Signature
/s/ Elliot Savoie, Attorney-in-Fact
Stock symbol
VINE
Transactions as of
Jul 20, 2022
Transactions value $
$0
Form type
4
Date filed
7/29/2022, 11:53 AM
Previous filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VINE Common Stock, $.001 par value Other $0 -5.32M -100% $0.00* 0 Jul 20, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person distributed the shares to its members on a pro rata basis.
F2 Nechio & Novak is a Texas limited liability company of which Rick Nechio and Damian Novak are co-founders. Messrs. Nechio and Novak share voting and dispositive power over the shares of common stock of Fresh Vine Wine, Inc. held by Nechio & Novak, LLC. Each of Messrs. Nechio and Novak disclaims beneficial ownership over the shares of common stock of Fresh Vine Wine, Inc. held by Nechio & Novak, LLC except to the extent of his pecuniary interest in such shares.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on December 13, 2021 and incorporated herein by reference.