Roger C. Cockroft - Apr 25, 2023 Form 4 Insider Report for Fresh Vine Wine, Inc. (VINE)

Signature
/s/ Roger C. Cockroft
Stock symbol
VINE
Transactions as of
Apr 25, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 02:43 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VINE Common Stock Award $0 +464K +10628.11% $0.00 468K Apr 25, 2023 Direct F1

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 Options Award $0 +1M $0.00 1M Apr 25, 2023 Common Stock 1M $1.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock grant with transfer and forfeiture restrictions on the shares that lapse as follows: 115,980 shares on July 25, 2023, 115,979 shares on October 25, 2023, 115,979 shares on January 25, 2024 and 115,979 shares on April 25, 2024.
F2 Represents an option grant with options vesting as follows: 250,000 options on April 25, 2024, and, thereafter, in 36 monthly installments as nearly equal in amount as possible (approximately 20,883 options) commencing on the 13th month anniversary of the grant date reported on this Form 4 and continuing on each one month anniversary thereafter.