George Bolton - Mar 1, 2023 Form 4 Insider Report for BLUE BIOFUELS, INC. (BIOF)

Role
Director
Signature
/s/ George Bolton
Stock symbol
BIOF
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 07:34 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 BIOF Options Award $0 +500K $0.00 500K Mar 1, 2023 Common Stock 500K $0.19 Direct F1
transaction BIOF Options Award $0 +100K +20% $0.00 600K Mar 1, 2023 Common Stock 100K $0.19 Direct F1
transaction BIOF Options Award $0 +100K +16.67% $0.00 700K Mar 1, 2023 Common Stock 100K $0.19 Direct F1
transaction BIOF Options Award $0 +100K +14.29% $0.00 800K Mar 1, 2023 Common Stock 100K $0.19 Direct F1
transaction BIOF Options Award $0 +100K +12.5% $0.00 900K Mar 1, 2023 Common Stock 100K $0.19 Direct F1
transaction BIOF Options Award $0 +100K +11.11% $0.00 1M Mar 1, 2023 Common Stock 100K $0.19 Direct F1
transaction BIOF Options Award $0 +1M +100% $0.00 2M Mar 1, 2023 Common Stock 1M $0.19 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For work performed and that will continue to be performed.
F2 Vests based on deliverables.