Jennifer K. Black - 23 Nov 2022 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Signature
/s/ Jennifer K Black
Issuer symbol
SDOT
Transactions as of
23 Nov 2022
Net transactions value
+$5,550
Form type
4
Filing time
23 Nov 2022, 11:48:31 UTC
Previous filing
12 Oct 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SDOT Common Stock Purchase $5,550 +15,000 +48% $0.3700 46,000 23 Nov 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 SDOT Stock Options 25,000 23 Nov 2022 Common Stock 25,000 $0.4100 Direct F1
holding SDOT Stock Option 20,000 23 Nov 2022 Common Stock 20,000 $0.4100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The executive was granted a stock option to acquire 25,000 shares of common stock with respect one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing December 31, 2022.
F2 type of entryyPursuant to the terms of the employment agreement, the executive was granted a stock option to acquire 20,000 shares of common stock with respect one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing June 30, 2022.