Jennifer K. Black - 19 Dec 2022 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Role: Chief Financial Officer
Signature: /s/ Jennifer K Black
Issuer symbol: SDOT
Transactions as of: 19 Dec 2022
Net transactions value: +$1,630
Form type: 4
Filing time: 20 Dec 2022, 07:43:35 UTC
Previous filing: 23 Nov 2022
Next filing: 01 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SDOT	Common Stock	Purchase	$1,630	+2,000	+4.3%	$0.8148	48,000	19 Dec 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	19 Dec 2022	Common Stock	25,000	$0.4100	Direct	F1
holding	SDOT	Stock Options						20,000	19 Dec 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	Pursuant 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.