Michael Zacharski - Jul 5, 2024 Form 4 Insider Report for Brand Engagement Network Inc. (BNAI)

Role: Co-Chief Executive Officer, Director
Signature: /s/ Michael Zacharski
Stock symbol: BNAI
Transactions as of: Jul 5, 2024
Transactions value $: -$95,943
Form type: 4
Date filed: 7/10/2024, 04:43 PM
Previous filing: Mar 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BNAI	Common Stock	Award	$0	+78.2K	+5.79%	$0.00	1.43M	Jul 5, 2024	Direct	F1
transaction	BNAI	Common Stock	Tax liability	-$95.9K	-31.4K	-2.19%	$3.06	1.4M	Jul 5, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents shares of restricted stock granted pursuant to the Brand Engagement Network Inc. 2024 Long-Term Incentive Plan to the reporting person on July 5, 2024. The restricted stock fully vested on July 5, 2024.
F2	Represents shares of common stock of Brand Engagement Network Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the grant of 78,222 shares of restricted stock granted to the reporting person on July 5, 2024. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.

Content

Represents shares of restricted stock granted pursuant to the Brand Engagement Network Inc. 2024 Long-Term Incentive Plan to the reporting person on July 5, 2024. The restricted stock fully vested on July 5, 2024.

Represents shares of common stock of Brand Engagement Network Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the grant of 78,222 shares of restricted stock granted to the reporting person on July 5, 2024. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.