| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MWRK | Common Stock | Purchase | $16,500 | +57,291 | $0.2880 | 57,291 | 29 Dec 2021 | Direct | ||
| holding | MWRK | Common Stock | 50,000 | 29 Dec 2021 | Red to Black Inc. | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MWRK | Stock Options | 75,000 | 29 Dec 2021 | Common Stock | 75,000 | $0.6000 | Red to Black Inc. | F1, F2 | |||||
| holding | MWRK | Stock Options | 175,000 | 29 Dec 2021 | Common Stock | 100,000 | $0.1000 | Red to Black Inc. | F1, F3 | |||||
| holding | MWRK | Stock Options | 400,000 | 29 Dec 2021 | Common Stock | 400,000 | $1.17 | Direct | F4 | |||||
| holding | MWRK | Stock Options | 1,150,000 | 29 Dec 2021 | Common Stock | 750,000 | $1.16 | Direct | F5 | |||||
| holding | MWRK | Warrants | 250,000 | 29 Dec 2021 | Common Stock | 250,000 | $0.5500 | Fogdog Energy Solutions Inc. | F6, F7, F8 |
| Id | Content |
|---|---|
| F1 | Swapan Kakumanu has the sole power to vote or direct the vote, and to dispose or direct the disposition, of the shares held by Red to Black Inc. |
| F2 | The stock options vest as to 1/3 on June 8, 2018, 1/3 on June 8, 2019 and 1/3 on June 8, 2020. |
| F3 | The stock options vest as to 1/3 on October 15, 2018, 1/3 on October 15, 2019 and 1/3 on October 15, 2020. |
| F4 | 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. |
| F5 | The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023. |
| F6 | The warrants were issued to Fogdog Energy Solutions Inc. ("Fogdog") pursuant to a services agreement dated August 20, 2021 (the "Agreement") with Fogdog, whereby Fogdog will provide CurrencyWorks Inc. (the "Issuer") with free of charge access to the electricity power generated from any clean electricity power generation thermal units built and operated by Fogdog in Canada or the United States of America for a period of five (5) years from the date that the Issuer provides an advance of $850,000 to Fogdog (the "Loan") pursuant to a loan agreement with Fogdog dated August 20, 2021, provided that the Issuer is using such power to develop and operate cryptocurrency mining operations. |
| F7 | The Warrants will vest and become exercisable only upon repayment in full of the Loan. |
| F8 | Swapan Kakumanu is the chief financial officer and director of Fogdog and also owns 50% of the shares of Fogdog. |