Ross Levinsohn - Nov 2, 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Ross Levinsohn
Stock symbol
AREN
Transactions as of
Nov 2, 2023
Transactions value $
$0
Form type
4
Date filed
11/6/2023, 04:28 PM
Previous filing
Aug 14, 2023

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 +37.5K $0.00 37.5K Nov 2, 2023 Common Stock 37.5K Direct F1, F2, F3
transaction AREN Stock Option (right to buy) Award $0 +37.5K $0.00 37.5K Nov 2, 2023 Common Stock 37.5K $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.