Jonathan Richard Rice - Feb 16, 2023 Form 4 Insider Report for Kraig Biocraft Laboratories, Inc (KBLB)

Role
COO
Signature
/s/ Jon Rice
Stock symbol
KBLB
Transactions as of
Feb 16, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:30 PM

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 KBLB Class A Common Stock Option Exercise of in-the-money or at-the-money derivative security +2.43M 500K Feb 16, 2023 Class A Common Stock 2.5M Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised the derivative security through a cashless exercise of 2,500,000 stock options.