Edmund C. Moy - Jun 15, 2021 Form 4 Insider Report for CurrencyWorks Inc. (MWRK)

Role
Director
Signature
/s/ Edmund C. Moy
Stock symbol
MWRK
Transactions as of
Jun 15, 2021
Transactions value $
$232,000
Form type
4
Date filed
6/17/2021, 05:16 PM
Next filing
Oct 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MWRK Common Stock 1K Jun 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 $232K +200K +66.67% $1.16* 500K Jun 15, 2021 Common Stock 200K $1.16 Direct F2
holding MWRK Stock Options 100K Jun 15, 2021 Common Stock 100K $0.60 Direct F1
holding MWRK Stock Options 300K Jun 15, 2021 Common Stock 200K $1.17 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.