Ross Levinsohn - 02 Nov 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Ross Levinsohn
Issuer symbol
AREN
Transactions as of
02 Nov 2023
Net transactions value
$0
Form type
4
Filing time
06 Nov 2023, 16:28:14 UTC
Previous filing
14 Aug 2023
SEC
View on sec.gov

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 Restricted Stock Units Award $0 +37,500 $0.000000 37,500 02 Nov 2023 Common Stock 37,500 Direct F1, F2, F3
transaction AREN Stock Option (right to buy) Award $0 +37,500 $0.000000 37,500 02 Nov 2023 Common Stock 37,500 $4.04 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive 1 share of the Issuer's common stock.
F2 One third of the restricted stock units ("RSUs") will 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.
F3 These restricted stock units do not expire; they either vest or are canceled prior to the vesting date.
F4 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.