Cameron Chell - Mar 15, 2021 Form 4 Insider Report for CurrencyWorks Inc. (MWRK)

Role: Director, 10%+ Owner
Signature: /s/ Cameron Chell
Stock symbol: MWRK
Transactions as of: Mar 15, 2021
Transactions value $: $1,160,000
Form type: 4
Date filed: 6/17/2021, 05:15 PM
Next filing: May 25, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MWRK	Common Stock	Other		-2M	-100%		0	Mar 15, 2021	Blockchain Fund GP Inc.	F4
holding	MWRK	Common Stock						2M	Mar 15, 2021	Blockchain Fund GP Inc.	F1
holding	MWRK	Common Stock						11K	Mar 15, 2021	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	MWRK	Stock Options	Award	$1.16M	+1M	+125%	$1.16^*	1.8M	Jun 15, 2021	Common Stock	1M	$1.16	Direct	F3
holding	MWRK	Stock Options						400K	Mar 15, 2021	Common Stock	400K	$0.10	Direct	F2
holding	MWRK	Stock Options						800K	Mar 15, 2021	Common Stock	400K	$1.17	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Cameron Chell has the sole power to vote or direct the vote, and to dispose or direct the disposition, of these shares.
F2	The options vest as follows: (i) 1/3 on date of grant, (ii) 1/3 on the first anniversary of date of grant and (iii) 1/3 on the second anniversary of date of grant.
F3	The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.
F4	Cameron Chell resigned as a director of Blockchain Fund GP Inc. and therefore no longer has the power to vote or direct the vote, and to dispose or direct the disposition, of these shares.