James P. Geiskopf - 15 Jun 2021 Form 4 Insider Report for CurrencyWorks Inc. (WAST)

Role
Director
Signature
/s/ JAMES GEISKOPF
Issuer symbol
WAST
Transactions as of
15 Jun 2021
Net transactions value
+$870,000
Form type
4
Filing time
17 Jun 2021, 17:16:40 UTC
Next filing
30 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MWRK Common Shares 2,500,000 15 Jun 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 $870,000 +750,000 +94% $1.16* 1,550,000 15 Jun 2021 Common Stock 750,000 $1.16 Direct F3
holding MWRK Stock Options 400,000 15 Jun 2021 Common Stock 400,000 $0.1000 Direct F1
holding MWRK Stock Options 800,000 15 Jun 2021 Common Stock 400,000 $1.17 Direct F1
holding MWRK Warrants 1,000,000 15 Jun 2021 Common Stock 1,000,000 $0.1000 Direct F2
* 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 Canadian dollars.
F3 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.