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

Role
Chief Financial Officer
Signature
/s/ Ralph R. Valvano
Issuer symbol
INVU
Transactions as of
24 Jun 2022
Net transactions value
$0
Form type
4
Filing time
28 Jun 2022, 19:48:19 UTC
Previous filing
27 May 2022
SEC
View on sec.gov

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 -5,200,000 -100% $0.000000* 0 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 +8,125,000 $0.000000 8,125,000 24 Jun 2022 Common Stock 8,125,000 $0.0500 Direct F2
transaction INVU Employee Stock Option Award $0 +29,375,000 $0.000000 29,375,000 24 Jun 2022 Common Stock 29,375,000 $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, pursuant to Mr. Valvano's employment agreement. Option issued pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 1,625,000 shares of common stock vest on date of grant; 1,625,000 shares of common stock vest on May 31, 2023; 1,625,000 shares of common stock vest on May 31, 2024; 1,625,000 shares of common stock vest on May 31, 2025; 1,625,000 shares of common stock vest on May 31, 2026.
F3 Acquisition from the issuer of option under Rule 16b-3(d) pursuant to Mr. Valvano's employment agreement. Option issued pursuant to Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 5,875,000 shares of common stock vest on February 21, 2023; 5,875,000 shares of common stock vest on February 21, 2024; 5,875,000 shares of common stock vest on February 21, 2025; 5,875,000 shares of common stock vest on February 21, 2026; 5,875,000 shares of common stock vest on February 21, 2027.