Balazs Wellisch - Apr 1, 2022 Form 4 Insider Report for RDE, Inc. (GIFT)

Role
CTO
Signature
/s/ Balazs Wellisch
Stock symbol
GIFT
Transactions as of
Apr 1, 2022
Transactions value $
$53,700
Form type
4
Date filed
10/23/2024, 02:23 PM
Previous filing
Oct 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIFT Common stock Purchase $2.95K +1K +0.1% $2.95 1.01M Sep 9, 2024 Direct
transaction GIFT Common stock Purchase $50.8K +35K +3.48% $1.45 1.04M Oct 10, 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 GIFT Stock Option Award +400K 679 Apr 1, 2022 common stock 400K $1.50 Direct F1
transaction GIFT Stock Option Award +25K +3.68% 704K Apr 2, 2022 common stock 25K $3.39 Direct F2
transaction GIFT Stock Option Award +300K +42.6% 1M Nov 5, 2023 common stock 300K $3.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Wellisch received 279,217 shares of stock and 400,000 options for the sale of GameIQ and accepting the role as CTO. The options vest as follows: 160,000 shares vested on March 1, 2022, 10,000 shares vested on the first day of each month from April 1, 2022 through March 1, 2024.
F2 Mr. Wellisch received 25,000 options as a performance bonus. The options vested as follows: 8,333 shares vested on April 2, 2023, 8,333 shares vested on April 2, 2024, and 8,334 shares will vest on April 2, 2025.
F3 Mr. Wellisch received 300,000 vested options as a bonus for rebuilding RDC's infrastructure and operations.