Jennifer K. Black - 27 Feb 2023 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Role
Chief Financial Officer
Signature
/s/ Black Jennifer Kay
Issuer symbol
SDOT
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 16:14:30 UTC
Previous filing
20 Dec 2022
Next filing
16 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDOT Common Stock 48,000 27 Feb 2023 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
transaction SDOT Stock Options Award +100,000 100,000 27 Feb 2023 Common Stock 100,000 $1.50 Direct F1
holding SDOT Stock Options 25,000 27 Feb 2023 Common Stock 25,000 $0.4100 Direct F2
holding SDOT Stock Options 20,000 27 Feb 2023 Common Stock 20,000 $0.4100 Direct F3
* 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 100,000 shares of common stock vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing March 31, 2023.
F2 The executive was granted a stock option to acquire 25,000 shares of common stock vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing December 31, 2022.
F3 Pursuant to the terms of the employment agreement, the executive was granted a stock option to acquire 20,000 shares of common stock vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing June 30, 2022.