Spiridon Christoforatos - Oct 4, 2021 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role
Chief Accounting Officer
Signature
/s/ Spiridon Christoforatos
Stock symbol
AREN
Transactions as of
Oct 4, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 10:39 AM
Next filing
Aug 1, 2022

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 AREN Options to purchase Award $0 +11.7K $0.00 11.7K Oct 4, 2021 Common Stock 11.7K $7.92 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 9, 2022, the Company (formerly known as theMaven, Inc.) changed its name to The Arena Group Holdings, Inc.., uplisted its common stock to the NYSE American, and began trading under the symbol "AREN."
F2 Effective at 8:00 p.m. Eastern Time on February 8, 2022, the common stock of the Company, par value $0.01 (the "Common Stock"), underwent a reverse split of 1-for-22 (the "Reverse Stock Split"). All amounts of Common Stock reflect the effect of the Reverse Stock Split.
F3 1/3 of the shares associated with the Option will vest on the one-year anniversary of the date of grant; with the balance of the shares vesting in a series of twenty-four (24) successive equal monthly installments thereafter.