Andrew J. Norstrud - Dec 22, 2021 Form 4 Insider Report for nDivision Inc. (NDVN)

Role
CFO, Director
Signature
/s/ Andrew J. Norstrud
Stock symbol
NDVN
Transactions as of
Dec 22, 2021
Transactions value $
$19,000
Form type
4
Date filed
12/28/2021, 03:31 PM
Previous filing
Aug 30, 2021

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 NDVN Common Stock Options Other $19K +100K +31.25% $0.19* 420K Dec 22, 2021 Common Stock 100K $0.19 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock options were granted to the reporting person pursuant to the nDivision Inc. Amended and Restated 2018 Equity Incentive Plan.
F2 The common stock options are fully vested upon their grant.
F3 Subject to earlier expiration upon termination of the reporting person's service with the Company, as described in the option agreement for the grant of the common stock options.