Matthew Drinkwater - Dec 1, 2021 Form 4 Insider Report for Bright Mountain Media, Inc. (BMTM)

Role
Chief Executive Officer, Director
Signature
/s/ Matthew Drinkwater
Stock symbol
BMTM
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
4
Date filed
9/17/2024, 11:38 AM

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 BMTM Stock Option (right to buy) Award $0 +500K $0.00 500K Dec 1, 2021 Common Stock 500K $0.01 Direct F1
transaction BMTM Stock Option (right to buy) Award $0 +250K $0.00 250K May 26, 2022 Common Stock 250K $0.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the shares underlying the stock option, 375,000 shares are fully vested. The remaining shares shall vest and become exercisable on December 1, 2024.
F2 Of the shares underlying the stock option, 125,000 shares are fully vested. The remaining shares shall vest and become exercisable in two equal installments on May 26, 2025 and May 26, 2026.

Remarks:

The issuer appointed the reporting person as Chief Executive Officer of the issuer effective December 1, 2021, and as a director of the issuer on January 14, 2022.