Julian Groves - Mar 27, 2024 Form 4 Insider Report for MGO Global Inc. (MGOL)

Role
CHIEF OPERATING OFFICER, Director
Signature
/s/ Julian Groves
Stock symbol
MGOL
Transactions as of
Mar 27, 2024
Transactions value $
-$37,200
Form type
4
Date filed
3/29/2024, 01:58 PM
Previous filing
Feb 21, 2024
Next filing
Apr 2, 2024

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 MGOL Stock Option Award $0 -100K -50% $0.00 100K Mar 27, 2024 Common Stock 100K $0.41 Direct F1
transaction MGOL Restricted Stock Unit (RSU) Award -$37.2K -100K -50% $0.37 100K Mar 27, 2024 Common Stock 100K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 27, 2024, the Issuer granted Mr. Groves a stock option to purchase 100,000 shares of the Company's common stock. The stock option shall vest and become exercisable on January 1, 2025.
F2 N/A.
F3 On March 27, 2024, the Issuer granted Mr. Groves 100,000 restricted stock units ("RSU") vesting in 4 equal installments on March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024, with each RSU becoming 1 share of common stock of the Issuer.