Douglas Baker Smith - 02 Nov 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Douglas Baker Smith
Issuer symbol: AREN
Transactions as of: 02 Nov 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Nov 2023, 16:23:11 UTC
Previous filing: 26 May 2023
Next filing: 28 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AREN	Common Stock	Award	$0	+10,000	+9.5%	$0.000000	115,606	02 Nov 2023	Direct	F1

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	AREN	Stock Option (right to buy)	Award	$0	+10,000		$0.000000	10,000	02 Nov 2023	Common Stock	10,000	$4.04	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This total includes certain unvested shares subject to forfeiture if underlying vesting conditions are not met.
F2	One third of the options vest on November 2, 2024, with the remainder vesting ratably in 24 monthly installments thereafter, subject to the reporting person's continued service to the Issuer on each vesting date.