Craig W. Loverock - 30 Jan 2023 Form 4 Insider Report for Worksport Ltd (WKSP)

Role
Director
Signature
/s/ Craig W. Loverock
Issuer symbol
WKSP
Transactions as of
30 Jan 2023
Net transactions value
$0
Form type
4
Filing time
01 Feb 2023, 12:44:35 UTC
Previous filing
30 Dec 2021
Next filing
24 Jul 2023

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 WKSP Stock Option (right to buy) Award $0 +120,000 $0.000000 120,000 30 Jan 2023 Common Stock 120,000 $1.66 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-qualified stock option granted under the Worksport Ltd 2022 Equity Incentive Plan (the "2022 Plan"). Option vests in six equal installments, commencing on the date of grant and each anniversary of the date of grant.
F2 Option expires on 01/30/33 subject to the terms of the 2022 Plan.