Andrew Q. Kraft - 06 Mar 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Andrew Q Kraft
Issuer symbol: AREN
Transactions as of: 06 Mar 2023
Net transactions value: -$68,478
Form type: 4
Filing time: 06 Nov 2023, 16:28:09 UTC
Previous filing: 23 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AREN	Common Stock	Tax liability	$68,478	-9,672	-7.9%	$7.08	112,546	06 Mar 2023	Direct	F1
transaction	AREN	Common Stock	Award	$0	+20,000	+18%	$0.000000	132,546	02 Nov 2023	Direct	F2

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	+20,000		$0.000000	20,000	02 Nov 2023	Common Stock	20,000	$4.04	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Shares forfeited pursuant to tax withholding.
F2	This total includes certain unvested shares subject to forfeiture if underlying vesting conditions are not met.
F3	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.