James R. Bell - 24 Jun 2022 Form 4 Insider Report for Investview, Inc. (INVU)

Signature
/s/ James R. Bell
Issuer symbol
INVU
Transactions as of
24 Jun 2022
Net transactions value
$0
Form type
4
Filing time
28 Jun 2022, 19:43:31 UTC
Previous filing
11 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INVU Common Stock, $0.001 par value Disposed to Issuer $0 -30,000,000 -74% $0.000000 10,320,000 24 Jun 2022 Direct F1

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 INVU Employee Stock Option Award $0 +37,500,000 $0.000000 37,500,000 24 Jun 2022 Common Stock 37,500,000 $0.0500 Direct F2
transaction INVU Employee Stock Option Award $0 +75,000,000 +200% $0.000000 112,500,000 24 Jun 2022 Common Stock 75,000,000 $0.0500 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition to the issuer of restricted stock under Rule 16b-3(e) in exchange for option granted 6/24/2022. See note (2).
F2 Acquisition from the issuer of option under Rule 16b-3(d) in exchange for restricted stock. Option issued in consideration for Mr. Bell's services as a director of the Company and pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 18,750,000 shares of common stock will vest on November 9, 2022; 18,750,000 shares of common stock will vest on November 9, 2023.
F3 Acquisition from the issuer of option under Rule 16b-3(d), pursuant to Mr. Bell's employment agreement and in consideration for his services as an executive officer. Option issued pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 15,000,000 shares of common stock vest on February 21, 2023; 15,000,000 shares of common stock vest on February 21, 2024; 15,000,000 shares of common stock vest on February 21, 2025; 15,000,000 shares of common stock vest on February 21, 2026; 15,000,000 shares of common stock vest on February 21, 2027.