Scott Gallagher - 06 Jan 2024 Form 4 Insider Report for METAWORKS PLATFORMS, INC. (WAST)

Role
President
Signature
/s/ Scott Gallagher
Issuer symbol
WAST
Transactions as of
06 Jan 2024
Net transactions value
+$58,400
Form type
4
Filing time
09 Jan 2024, 21:00:15 UTC
Previous filing
17 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MWRK Common Stock Purchase $18,400 +920,000 +239% $0.0200 1,305,714 06 Jan 2024 Direct F1
holding MWRK Common Stock 385,714 06 Jan 2024 Direct

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 MWRK Stock Options Award $40,000 +2,000,000 +67% $0.0200 5,000,000 06 Jan 2024 Common Stock 2,000,000 $0.0200 Direct F4
holding MWRK Stock Options 1,000,000 06 Jan 2024 Common Stock 1,000,000 $0.0900 Direct F2
holding MWRK Stock Options 3,000,000 06 Jan 2024 Common Stock 2,000,000 $0.0910 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to Scott Gallagher in settlement of the debt in the amount of $18,400.
F2 The stock options vest as follows: (i) one-third on the date of grant; (ii) one-third on the first anniversary of the date of grant and (iii) one-third on the second anniversary of the date of grant.
F3 The stock options vest on April 21, 2023.
F4 The stock options vest on January 6, 2024.