Ingo Mueller - Dec 31, 2021 Form 4 Insider Report for AGRIFORCE GROWING SYSTEMS LTD. (AGRI)

Role
CEO and Chairman, Director
Signature
/s/ Ingo Mueller
Stock symbol
AGRI
Transactions as of
Dec 31, 2021
Transactions value $
$172,017
Form type
4
Date filed
12/21/2022, 04:09 PM
Previous filing
Dec 9, 2021
Next filing
Jul 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGRI Common Stock Award $41.9K +20.2K +2.14% $2.07* 965K Dec 31, 2021 Direct
transaction AGRI Common Stock Award $2.38K +1.15K +0.12% $2.08* 966K Jan 1, 2022 Direct
transaction AGRI Common Stock Award $45.1K +11.3K +1.17% $3.98* 978K Mar 31, 2022 Direct
transaction AGRI Common Stock Award $41.7K +17.4K +1.78% $2.40* 995K Jun 30, 2022 Direct
transaction AGRI Common Stock Award $41K +28.6K +2.88% $1.43* 1.02M Sep 30, 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 AGRI Stock options to Purchase Shares of Common Stock 218K Dec 31, 2021 Stock options 11.4K $1.14 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to such option vest and become exercisable annually in substantially equal installments over a three-year period, with the first tranche to be vested on the three-month anniversary of date of grant of November 18, 2022, subject to the Reporting Person's continuous service to the Issuer on each such date.
F2 If permitted by the policies of any stock exchange on which the Issuer may be listed from time to time, the stock option may be exercised by means of a "cashless exercise", in which event the Issuer shall issue to the holder the net number of common shares determined based on the formula presented in the exhibit to the stock option certificate.