Cameron Chell - Jan 28, 2022 Form 4 Insider Report for CurrencyWorks Inc. (MWRK)

Role
Director
Signature
/s/ Cameron Chell
Stock symbol
MWRK
Transactions as of
Jan 28, 2022
Transactions value $
$17,000
Form type
4
Date filed
1/31/2022, 08:00 AM
Previous filing
Dec 29, 2021
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MWRK Common Stock Purchase $17K +83K +63.84% $0.20 213K Jan 28, 2022 Direct
holding MWRK Common Stock 130K Jan 28, 2022 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
holding MWRK Stock Options 400K Jan 28, 2022 Common Stock 400K $0.10 Direct F1
holding MWRK Stock Options 800K Jan 28, 2022 Common Stock 400K $1.17 Direct F1
holding MWRK Stock Options 1.8M Jan 28, 2022 Common Stock 1M $1.16 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 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.